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.