1
Home  

Projection

The process of predicting future trends, future states, based solely on past trends without consideration for future factors that did not already influence past trends.  Projections are made over a selected planning horizon or study period.


Types of Projections

Projections may be classed as:


The Tools for Making Projections
Projections are achieved using:
The relationship between projections (future states) and forecasts (future events).
Fig. The relationship between projections (future states) and forecasts (future events).


After years of careful planning and stewardship, I. Care and his facility are now aligned.
Fig. After years of careful planning and stewardship, I. Care and his facility are now aligned
.

See also:

I. Care is trying to use a crystal ball to make forecasts about his assets
Fig. I. Care is trying to use a crystal ball to make projections and forecasts about his assets.

(c) Copyright Asset Insights, 2000-2013, All Rights Reserved - "Insight, foresight and oversight of assets"