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AI analytics for consulting and advisory

The most utilised consultant in the practice has 61 percent realisation because two fixed-fee projects overran by 300 hours. AI analytics reads the time, billing, pipeline and resourcing files, sets utilisation beside realisation, and answers the practice head: who is contributing, what is overrunning, and whether the bench is covered.

Ask it in your own words

These are the questions consulting firms ask. Each one maps to a measure our tools compute from your files. The AI model chooses the measure and explains the result; the arithmetic is done by our code, and every total is checked.

The questionThe measure behind itWhat comes back
Who is busy, and who is actually earning?Utilisation against realisationUtilisation and realisation per consultant, and fees earned per available hour, ranked.
Which projects are overrunning their plan?Project margin against planHours and margin against plan by project, with the fixed-fee ones over budget.
Is there enough sold work for the bench?Sold work against the benchSold hours by week against available hours by grade, with the gap.
Which proposals are we winning and losing?Proposal win rateWin rate by count and value, by practice and client type, with the lost proposals listed.
Which clients use one practice where they could use three?Cross-practice share per clientPractices used per client against the norm, with the fee gap.
How many weeks of backlog do we hold?Backlog in weeksContracted and unbilled work over the run rate, by practice.

A conversation, with the figures

Every figure below was computed by a tool from the rows and checked before it was shown. The lines sum; the percentages match; each line opens to the rows that make it.

Where is realisation being lost?

Fees written down against standard value total $1.9m this year across 3 practices, mostly on fixed-fee work that overran. Operations practice accounts for $940k, 49% of the write-down.

Operations practice$940k49% of the total
Technology practice$610k32% of the total
Strategy practice$350k18% of the total
The 3 lines sum to$1.9m0 unexplained

Which operations projects overran?

3 projects account for $850k of the $940k written down in the Operations practice, 90% of it. All three were fixed fee, and two were scoped by the same partner.

Northline supply chain redesign$380k300 hours over plan; fixed fee
Harrow Group cost programme$290k210 hours over; scope change unbilled
Vale Logistics integration$180k140 hours over; fixed fee
These 3 are$850k90% of Operations practice

What changes for next quarter?

Scoping, not effort. The practice head reviews the estimates on the next three fixed-fee proposals, change requests are billed as they arise, and realisation is reported beside utilisation on the monthly sheet.

Operations practice headReview scoping on open fixed-fee proposalsThis month
Project leadsRaise change requests on Harrow and Vale before the next invoiceThis week
FinanceReport realisation beside utilisation by consultantMonthly
Who is busy, and who is actually earning?Which projects are overrunning their plan?Is there enough sold work for the bench?Which proposals are we winning and losing?

The measures behind the answers

Each measure has one formula, one source and one meaning. They are computed per partner and practice and in total, and every one carries an identity that must hold before it is shown.

MeasureFormulaFromWhat it tells you
Utilisation against realisationChargeable hours ÷ available hours; fees billed ÷ chargeable hours at standard rate, per consultantTimesheets; billingThe busy and the unprofitable
Proposal win rateProposals won ÷ proposals decided, by count and value, by practice, source and size bandProposal logWhat to stop bidding on
Sold work against the benchHours sold by grade and skill, by month, against hours availableSigned work; resource planWork that cannot be staffed; people with nothing sold
Cross-practice share per clientPractices with fees at the client ÷ practices relevant to clients of its typeProject ledgerSingle-practice clients
Partner book concentrationShare of each partner's fees from their largest clientBilling by partnerBooks that depend on one buyer
Repeat business rateFees from clients who bought in the prior year ÷ total fees; clients not returning, by prior feesBillingWhether delivery leads to the next project
Project margin against planActual margin − margin at sale, per project, with overrun hours by gradeProject ledger; timesheetsEstimating and scope problems, by practice
Backlog in weeksSigned undelivered fees ÷ average weekly revenue, by practiceSigned work; billingWho needs to sell and who needs to hire
Client fee concentrationTop ten clients' share; largest client shareBillingDependence at firm level
Day rate realisedFees ÷ days delivered, against rate card, by grade and clientBilling; timesheetsDiscounting that did not get decided

Each measure is worked through, with the export it comes from and what to drop, in Commercial KPIs for consulting and professional services firms.

What the AI model does, and what our tools do

The AI model chooses the measure

From your question and the measures declared for consulting and advisory, the model picks the one that answers it, and the period and comparison the question implies.

Our tools do the arithmetic

Deterministic code reads the rows, computes the measure, and checks the identities below. The same question on the same data gives the same answer, every time.

The AI model explains, and cites

The AI model writes the sentence around the result, naming the partner or account behind it. It states no figure that is not in the result, and every figure links to its rows.

The identities that must hold

TimeAvailable hours = chargeable + non-chargeable + leave
RealisationChargeable hours at standard = billed + written off + work in progress
ProposalsProposals = won + lost + withdrawn + open
BacklogOpening backlog + signed − delivered = closing backlog

What it reads

The exports consulting firms already produce. Column names are mapped once and the mapping is reused. A file is the way in; scheduled delivery and connections to your systems come with the plan, and every source is listed here.

  • Timesheets
  • Billing
  • Proposal log
  • Signed work
  • Resource plan
  • Project ledger

Who owns each answer

An answer is a list with an owner and a cadence, or it is a chart nobody works.

MeasuresOwnerCadence
Sold work against the bench; backlogPractice heads; resourcing leadWeekly
Utilisation against realisation; project marginPractice heads; project leadsMonthly
Win rate by source; repeat businessManaging director; practice headsQuarterly
Cross-practice share; concentration; day rate realisedManaging director; financeQuarterly

Questions consulting firms ask about AI analytics

Why fees per available hour instead of utilisation?

Because utilisation rewards hours worked and realisation rewards hours paid for, and only the product of the two says what a consultant contributed. Fees earned per available hour, as a share of standard rate, ranks the practice by contribution, and the tool shows all three so nobody argues about which one to believe.

Can it see an overrun before the project ends?

Yes, when time is loaded weekly. Hours against plan by project are computed as the time comes in, and a fixed-fee project running ahead of its phased budget is flagged with the hours and the margin at stake. The project lead decides whether to raise a change request; the flag arrives while that is still possible.

What does a practice need to load?

Time by consultant and project, billing by project, the plan or budget by project, and the pipeline export for proposals and sold work. Grades and available hours turn sold work into bench coverage. Consultant names can be replaced with identifiers before upload.

Does it reconcile to the finance figures?

Fees billed by project sum to the billing file's total, and every write-down is a line with a project behind it. If the practice's own realisation figure differs from the tool's, the difference is a list of matters, not a mystery.

See it on your data

Bring a few thousand rows. The data map opens next, every column mapped once, and the first question is answered in minutes. Free, in your browser, no account.