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Beyond the Horizon
Any future event that is outside the planning horizon in the period after the terminus year.


Attributes:

Events that are beyond the horizon have the following attributes:
  • Funding requirements are not factored until the subject events move into-the-horizon.
  • The subject events do not yet have proximity.
  • The accuracy of the forecasts have a low confidence interval.


Passage of Time Concepts:

As a building ages each year, the terminus year shifts forward by one calendar year (or one fiscal year). The changes to the terminus year are represented by the following concepts:
Any events after the terminus year are "beyond-the-horizon"
The three facets of the planning horizon: a) behind-the horizon, b) the horizon ("red zone") and beyond-the-horizon.
Fig. The three facets of the planning horizon: a) behind-the horizon, b) the horizon ("red zone") and beyond-the-horizon.

The terminus year (and Base year) of a 10-year planning horizon.
Fig. The terminus year (and Base year) of a 10-year planning horizon.

See also:
Compare with:


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