reforecasting
Updating future estimates
Reforecasting is updating a forecast based on new information or changed conditions.
The term appears mainly in business and project management contexts, where initial projections need revision as circumstances evolve: We're reforecasting Q4 revenue given the supply chain delays.
Budget reforecasting happens when actual spending diverges significantly from original estimates.
Something that extends outward
- modelingSimulating or demonstrating form
- estimationApproximate value judgment
- regressionReturn to former state
- extrapolationExtending data beyond bounds
validation · simulation · metrics · trends · data · statistics · correlation · algorithm
Business income total
- salesRevenue from goods moved
- demandForceful request or requirement
- supplyFurnish or stock
- inventoryCatalog of held assets
earnings · growth · market · budget · quarterly · fiscal · guidance · outlook
Quantified chance of occurrence
- varianceSpread around the mean
- volatilityRapid, unpredictable changeability
- fluctuationIrregular change over time
- riskPossibility of harm
unpredictability · sensitivity · deviation · ambiguity · speculation · instability · range · buffer
Allocating funds systematically
- schedulingAssigning times to events
- timelineOrdered display of events
- milestonesNotable points of progress
- roadmapDetailed plan forward
deadline · coordination · contingency · preparation · prioritization · goal-setting · implementation · logistics
projection
Something that extends outward
- modelingSimulating or demonstrating form
- estimationApproximate value judgment
- regressionReturn to former state
extrapolation · validation · simulation · metrics · trends · data · statistics · correlation · algorithm · quantitative
revenue
Business income total
inventory · earnings · growth · market · budget · quarterly · fiscal · guidance · outlook · targets
probability
Quantified chance of occurrence
- varianceSpread around the mean
- volatilityRapid, unpredictable changeability
- fluctuationIrregular change over time
risk · unpredictability · sensitivity · deviation · ambiguity · speculation · instability · range · buffer · cushion
budgeting
Allocating funds systematically
- schedulingAssigning times to events
- timelineOrdered display of events
- milestonesNotable points of progress
roadmap · deadline · coordination · contingency · preparation · prioritization · goal-setting · implementation · logistics · phasing
forecast, forecasting, forecasts, forecaster, forecasted, forecasters, unforecasted, reforecast