Forecast
An estimate of future performance based on known inputs.
Definition
Forecast is An estimate of future performance based on known inputs. It comes up most often when current results have to be judged against expectation, plan, or an external reference point.
The term keeps showing up because comparison terms keep teams honest because raw numbers mean very little without context. They are most useful when a manager has to explain not just what moved, but why it matters.
Use cases
Use Forecast to compare actual results against plan or outside reference.
Review Forecast when the team needs to explain why a variance matters instead of just listing it.
Track Forecast so operations can keep forecast conversations grounded in evidence rather than instinct.