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What does Forecasting mean?

The process of making predictions of future outcomes based on past and present data.

Forecasting in a sentence
Financial forecasting is crucial for budgeting and strategic planning.

Forecasting in German, French, Spanish and Italian

German
Prognose
also Vorhersage

Grundlage für Budgetierung und strategische Planung.

French
Prévision

Estimation des résultats futurs d'une entreprise.

Spanish
Pronóstico
also Previsión

Estimación de tendencias futuras para la planificación.

Italian
Previsione

Attività di stima dell'andamento futuro di variabili economiche.

Common phrases with Forecasting

  • accurate forecasting
  • financial forecasting
  • demand forecasting

Synonyms and opposites for Forecasting

  • Synonym Prediction
  • Synonym Projection

More Operations Management terms

All operations management terms →

Forecasting is filed under