Category: Scenario Analysis

How You Can Predict Profitability In The Future Using Power BI

How You Can Predict Profitability In The Future Using Power BI

What I want to cover with this tutorial is an example of how you can predict profitability in the future using Power BI. I wanted to focus more on the concepts of what can be achieved here. In order to actually achieve this in Power BI, what you need is a number of different modelling

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Basket Analysis Introduction – Best Practice Tips For Power BI Using DAX

Basket Analysis For Power BI Using DAX

With Basket Analysis, what we’re trying to achieve is analyzing one grouping of products versus another grouping of products.  There’s plenty of application for this across Power BI. The theory we’re trying to work through with this type of analysis is if one grouping of products is bought with another grouping of products. By running

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Layering Multiple Scenarios Analysis Using DAX in Power BI

Layering Multiple Scenarios Analysis Using DAX in Power BI

I’m huge on scenario analysis in Power BI. Being able to input variables inside your calculations that you can ‘shock’ to effectively predict outcomes is so powerful when trying to make decisions. In Power BI you can complete this really efficiently, and you can combine many of the formula techniques with your data models and

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Forecasting Analysis Techniques in Power BI with DAX

Forecasting Analysis Techniques in Power BI with DAX

Forecasting analysis in Power BI can be completed in quite an effective manner if you utilise the time intelligence functions in DAX effectively. In this example I wanted to run through the many options you have available to start automatically creating forecasts based on historical information. Your forecasts in a lot of cases will be

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Develop Advanced Scenario Analysis Models Using DAX in Power BI

Develop Advanced Scenario Analysis Models Using DAX in Power BI

I really wanted to showcase here how incredible Power BI is as an analytical tool. You can achieve so much that you might never have thought possible. Developing scenario analysis logic within Power BI models is probably my favorite technique to use, mainly because it can be so valuable to the business. Rather than just

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