Resource forecasting is a process used to predict or estimate future patterns, based on qualitative metrics. As project manager, it’s an essential tool that is used to gauge business development, product demand, sales, or simply a prediction of your agency’s standing in the overall economy.
Forecasting is as much art as it is science. It involves peering into the unforeseeable future to acquire some degree of predictability based on previous operations and current trends. When done correctly, forecasting contributes to the growth of your agency.
How does resource forecasting bolster your agency? Let’s take a look.
