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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:

Reduction Forecast: function