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 - high level forecasting
 - high level forecasting

Techniques include trending, "S" curve modeling, moving averages, exponential smoothing etc. These are used to obtain rapid indications of current project status, especially where the processing of a large volume of data would otherwise be required. One or more leading indicators may be used such as man-hour totals, concrete placed, payments-to-date, etc. An indispensable part of an effective project manager's control information. See also Regression Analysis.
Source: Max Wideman.com
Copyright: Wideman Comparative Glossary of Common Project Management Terms v3.1 is copyright by R. Max Wideman, March 2002.

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