Concept information

Preferred term

forecasting  

Definition

  • Forward-looking approach aimed at exploring and predicting a surprise-free future. On the basis of assumed continuity or expected events, trends are projected and extrapolated from the past into the future. Key forecasting methods are trend-extrapolation techniques and modeling.

Broader concept

Belongs to group

URI

http://www.eionet.europa.eu/gemet/concept/15341

Download this concept: