Reduction Forecast: background
- The reduction forecast calculates a prediction of the likely further progress in reducing the open points based on the progress to date.
- A reduction forecast for open points is an important tool in project management to ensure that all tasks are processed in a timely manner.
- It enables progress monitoring by tracking the reduction of open points over time and allows for corrective action if necessary.
- The reduction forecast provides clarity regarding the status of the open points and thus the tasks still to be completed, which in turn can be used as a basis for project meetings.
This article explains the background to the reduction forecast for open points. For more information about this function, see the following article: