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Forecat techniques

3 replies [Last post]
Amro Ahmed
User offline. Last seen 2 years 17 weeks ago. Offline
Joined: 5 Jan 2009
Posts: 107

Greeting,

Anyone has examples for forecasting techniques and how to select the proper  technique? 

Thanks

Replies

Mike Testro
User offline. Last seen 1 week 4 days ago. Offline
Joined: 14 Dec 2005
Posts: 4418

Hi Amro

All plans are a forecast of what may happen in the future - some plans are better than others and some planners are better than others but even the best are only making educated guesses into the unknown.

Best regards

Mike Testro

Amro Ahmed
User offline. Last seen 2 years 17 weeks ago. Offline
Joined: 5 Jan 2009
Posts: 107

I mean exapmles how you forecast  completion dates and EAC (excel file)  based on  time series ,Causal,judgment ....e.tc

Please specify what do you mean by forecast technique.

Creating project plan we always forecast future schedule, expenses, resource requirements, etc.

During execution stage we adjust our plans (forecasts).

What exactly do you mean?