WFM Analyst
WFM Analyst Interview Questions and Answers
Q1. How to prepare Forecasting and ScoreCard ?
To prepare forecasting and scorecard, gather historical data, analyze trends, and use statistical models to predict future performance.
Gather historical data on relevant metrics
Analyze trends and patterns in the data
Use statistical models to predict future performance
Create a scorecard to track performance against goals
Regularly review and update the forecasting and scorecard based on new data and changes in business conditions
Q2. Difference between Utilization and productivity ?
Utilization is the amount of time a resource is used, while productivity is the amount of output produced in a given time.
Utilization measures the usage of resources, while productivity measures the output produced by those resources.
Utilization is a measure of efficiency, while productivity is a measure of effectiveness.
Utilization can be improved by reducing idle time, while productivity can be improved by increasing output per unit of time.
For example, a call center agent ...read more
WFM Analyst Interview Questions and Answers for Freshers
Q3. Definition & Formula of WFM Metrics ?
WFM metrics are key performance indicators used to measure the efficiency and effectiveness of workforce management processes.
WFM metrics include service level, occupancy, adherence, forecast accuracy, and shrinkage.
Service level measures the percentage of calls answered within a certain time frame.
Occupancy measures the percentage of time agents are actively handling contacts.
Adherence measures how closely agents follow their schedules.
Forecast accuracy measures the accuracy...read more
Q4. What is occupancy & utilization in wfm
Occupancy is the percentage of time agents are handling contacts while utilization is the percentage of time agents are available to handle contacts.
Occupancy measures how much time agents are busy handling contacts
Utilization measures how much time agents are available to handle contacts
Occupancy and utilization are important metrics in workforce management
Occupancy and utilization can be used to identify staffing needs and optimize schedules
For example, if occupancy is cons...read more
Q5. Find AHT from given scenario ?
AHT calculation from given scenario
Identify the total talk time and total hold time for a given period
Add the total talk time and total hold time
Divide the result by the total number of calls handled during the period
The resulting value is the AHT for the given period
Q6. What is service level and factors involving same.
Service level is a key performance indicator that measures the percentage of calls answered within a specified time frame.
Service level is typically expressed as a percentage, such as 80% of calls answered within 20 seconds.
Factors affecting service level include call volume, staffing levels, average handle time, and scheduling efficiency.
Improving service level often involves optimizing workforce management strategies, such as adjusting staffing levels or implementing call r...read more
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Q7. WFM Terminology each and every aspect
WFM terminology refers to the specific language and jargon used in workforce management.
Adherence
Forecasting
Scheduling
Service level
Abandoned calls
Occupancy
Shrinkage
Intraday management
Real-time adherence
Agent utilization
Q8. How forecasting is done?
Forecasting is done by analyzing historical data and using statistical models to predict future trends.
Collect and analyze historical data
Identify patterns and trends in the data
Select appropriate forecasting models
Apply the models to the data to generate forecasts
Continuously monitor and adjust the forecasts as new data becomes available
WFM Analyst Jobs
Q9. What are daily activities?
Daily activities for a WFM Analyst involve monitoring, analyzing and reporting on call center metrics.
Monitoring call center queues and agent activity
Analyzing call volume and trends
Creating and updating schedules for agents
Generating reports on key performance indicators
Communicating with management and agents regarding performance
Identifying areas for improvement and making recommendations
Q10. Difference between occupancy and utilisation?
Occupancy refers to the percentage of time agents are busy on calls, while utilisation refers to the percentage of time agents are available to take calls.
Occupancy is the ratio of time spent on calls to total logged-in time, while utilisation is the ratio of time spent on calls to total available time.
Occupancy is a measure of how efficiently agents are being utilized, while utilisation is a measure of how effectively agents are being utilized.
For example, if an agent spends...read more
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