Lesson 5
20 min

Forecasting and 'What If' Modeling

Quick Summary

Forecasts estimate a range of plausible futures from assumptions and historical patterns. Scenario models help leaders test decisions, but neither is a promise about what will happen.

What you will learn
  • ·Distinguish a forecast from a scenario or target
  • ·Build a simple driver-based what-if model
  • ·Communicate assumptions, ranges, and uncertainty responsibly