Accurate IT Forecasting

Topics:
Forecasting,
Project Management
Tags:
Forecasting,
Information Technology,
Management,
Sales,
Sales Force Management,
Sandhills Publishing,
Strategy
Source:
Sandhills Publishing

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Overview: Forecasting isn't just for the weather, but there are some similarities between IT and meteorology - both depend on watching trends, putting historical data into context, and hoping for sunny, trouble-free days. There's one big difference, though: IT managers have some control over their company's weather. Typically, there are two approaches to IT forecasting: qualitative and quantitative. The former uses historical consumption to predict future needs, while the latter adds real-world insight in an effort to improve forecasts. To create a crackerjack forecast, a good planner will not only combine both approaches and develop a plan that is continually refreshed on a regular basis but also will work to get other executives and departments to buy into forecasting as well.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: HTML | Date: Mar 2006 | Pages: 3


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