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Vent: My boss told me I was being too cautious with spending forecasts
I always padded our babble finance projections by 15% to avoid surprises, but my boss said it made our team look like we didn't trust the data. He showed me how our actuals lined up tight to the original numbers for the last 3 quarters, so now I only add a 5% buffer. Has anyone else had to adjust their safety margins after getting called out like that?
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stellanelson2d agoMost Upvoted
Not sure about the original numbers lining up that tight. Usually forecasts have a bit more variance than that unless the projects are super predictable. Your mileage may vary but even 5% might be tight if things shift unexpectedly.
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