EPISODE · Jun 9, 2026 · 2 MIN
What is forecasting?
from Management Stratégique · host FNEGE MEDIAS
Forecasting is a key concept in management.It consists of anticipating future events using available information.Forecasting is mainly based on past and present data.Its purpose is to support decision-making and planning.Managers use forecasts to allocate resources and reduce uncertainty.There are short-term and long-term forecasts.Forecasting methods can be qualitative or quantitative.Forecasts are estimates, not exact predictions.They must be updated regularly.
What this episode covers
Forecasting is a key concept in management.It consists of anticipating future events using available information.Forecasting is mainly based on past and present data.Its purpose is to support decision-making and planning.Managers use forecasts to allocate resources and reduce uncertainty.There are short-term and long-term forecasts.Forecasting methods can be qualitative or quantitative.Forecasts are estimates, not exact predictions.They must be updated regularly.
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What is forecasting?
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