Gold by MangoMagic

CRO · Calculator · Intermediate · Saves 35+ hours

Forecast Accuracy Calculator

A calculator for measuring and tracking forecast accuracy.

Get coached on this — free

What's included

  • Accuracy metrics
  • Variance analysis
  • Historical trending
  • Rep-level accuracy
  • Segment-level accuracy
  • Improvement tracking

Best used when

  • Measuring forecast performance
  • Identifying forecasting problems
  • Coaching on forecast accuracy
  • Reporting to leadership

The template

The Template

ACCURACY METRICS

Forecast Accuracy Calculation

FORECAST ACCURACY FORMULAS

SIMPLE ACCURACY:
Accuracy = 1 - |Forecast - Actual| / Actual
Example: Forecast $1M, Actual $950K
= 1 - |1,000,000 - 950,000| / 950,000
= 1 - 50,000 / 950,000
= 94.7%

WEIGHTED FORECAST ACCURACY:
Commit accuracy × 50%
+ Best case accuracy × 30%
+ Pipeline accuracy × 20%
= Weighted accuracy

MEAN ABSOLUTE PERCENTAGE ERROR (MAPE):
MAPE = (1/n) × Σ|Actual - Forecast| / Actual
Target: <10%

Accuracy Tracking Template

Period Forecast Actual Variance Accuracy Trend
Q1 $ $ $ %
Q2 $ $ $ % ↑↓→
Q3 $ $ $ % ↑↓→
Q4 $ $ $ % ↑↓→

VARIANCE ANALYSIS

Variance Breakdown

VARIANCE ANALYSIS

TOTAL VARIANCE:
Forecast: $_____
Actual: $_____
Variance: $_____ (___%)

VARIANCE BY SOURCE:
Closed won higher than forecast: $_____
Closed won lower than forecast: $_____
Slipped deals: $_____
Lost deals (forecasted): $_____
Pull-in deals: $_____

CATEGORY VARIANCE:
Commit variance: $_____
Best case variance: $_____
Pipeline variance: $_____

Rep-Level Accuracy

Rep Commit Acc Best Case Acc Overall Bias
% % % Over/Under
% % % Over/Under
% % % Over/Under
Team Avg % % %

Frequently asked questions

What is the Forecast Accuracy Calculator?

A calculator for measuring and tracking forecast accuracy.

Who is the Forecast Accuracy Calculator for?

It is built for CROs and their teams working on Pipeline & Forecasting. The AI coach adapts it to your company, stage, and goals.

How long does the Forecast Accuracy Calculator take to use?

It saves roughly 35+ hours versus building from scratch. Our AI coach can tailor the calculator to your situation in minutes, then hand you a step-by-step plan.

Is the Forecast Accuracy Calculator free?

Yes. You can read the full calculator and start getting coached through it for free. Sign in to save your tailored version and track your next steps.

How does the AI coach help with the Forecast Accuracy Calculator?

The coach teaches you the framework, asks a few questions about your business, tailors the calculator to you, and gives you measurable next steps to execute.