forecast of requirements

USAGE SUMMARY

The phrase "forecast of requirements" is correct and usable in written English.
It can be used in contexts related to planning, inventory management, or project management where predicting future needs is necessary. Example: "The forecast of requirements for the upcoming quarter indicates a significant increase in demand for our products."

✓ Grammatically correct

Science

Formal & Business

News & Media

Human-verified examples from authoritative sources

Exact Expressions

1 human-written examples

Second, a forecast of requirements for professionals is made (usually based on a trend analysis of professional demography and demand for health care), and the optimal workforce size to match those requirements is estimated.

Human Resources for Health

Human-verified similar examples from authoritative sources

Similar Expressions

59 human-written examples

Engagement of the Central Statistics Authority CSAA) was critical in the early stages of the planning and forecasting of requirements, and region-specific conversion factors were provided for the purpose of more accurate estimation of target populations.

Unicef

Vaccine security requires the guaranteed production of vaccines, secures multi-year allocations for vaccine financing, the development of long-term forecasting of vaccine requirements and helps reduce wastage.

Unicef

Such security depends on guaranteed production of vaccines, multi-year allocations for vaccine financing and long-term forecasting of vaccine requirements.

Unicef

There is often knowledge and sometimes quantitative evidence of the expected impacts of changes in surgical practice and procedure effectiveness and these may be used to improve forecasts of future requirements for CARPs in a population.

BMC Medical Informatics and Decision Making

The advantage of this approach is that a forecast of future usage requirements is obtained, which can be subsequently used to plan future capacity requirements and so that targets on performance as detailed in a Service Level Agreement can be met.

Journal of Cloud Computing: Advances, Systems and Applications

Actually, cost estimation provides a powerful tool for design, construction and forecast of future economical requirements.

Applied Water Science

"Balancing the budget and providing a clearer and more accurate forecast of our future requirements and resources has put the MoD in a stronger position to respond to unforeseen changes and negotiate a better deal with industry".

BBC

The problem of medium to long term sales forecasting raises a number of requirements that must be suitably addressed in the design of the employed forecasting methods.

IFAC Proceedings Volumes

The poor performance of these standard methods for forecasting the requirements of CARPs over 1995 99 may be due to the fact that the effectiveness of PCIs increased after 1994 when stents were first introduced in WA and as a result the probability of requiring another CARP within the same year was reduced.

BMC Medical Informatics and Decision Making

Suppliers are informed of changes to the forecast demand requirements on a monthly basis.

Unicef

Expert writing Tips

Best practice

When writing a report about your company budget plan, use the phrase "forecast of requirements" to emphasize the importance of future planning.

Common error

Avoid making overly optimistic or pessimistic forecasts. Base your "forecast of requirements" on realistic data and consider potential risks and uncertainties.

Linguistic Context

The phrase "forecast of requirements" functions as a noun phrase that identifies the act of predicting future needs or demands. Ludwig examples show it's used across varied sources, affirming its role in planning and prediction.

Expression frequency: Common

Frequent in

Science

33%

Formal & Business

33%

News & Media

33%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "forecast of requirements" is a grammatically sound phrase used to describe the prediction of future needs across a variety of domains. As confirmed by Ludwig, it is suitable for formal and professional contexts, primarily in science, business, and news media. While various alternative phrases like "demand projection" and "needs assessment" exist, choosing the most appropriate depends on the specific context and intended emphasis. When using this phrase, base your forecasts on reliable data and consider potential uncertainties to avoid inaccurate predictions.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

requirements forecast

A direct synonym, simply inverting the order of the words.

projecting requirements

Uses "projecting" as a synonym for "forecasting", maintaining the same structure.

demand projection

Focuses specifically on predicting customer demand, often in a business or economic context.

needs assessment

Emphasizes evaluating current needs to anticipate future ones, often used in social services or healthcare.

estimating future demands

Similar to demand projection, but broader, covering various types of demands, not just customer-related.

predicting future needs

A more general and descriptive alternative.

long-term demand outlook

Highlights a long-term perspective and focuses specifically on demand.

anticipated needs

Focuses on the anticipation aspect of the forecast.

supply forecasting

Highlights the act of predicting future requirements for the supply.

future resource planning

Addresses a broader scope of planning resources, not just requirements.

FAQs

How is a "forecast of requirements" used in project management?

In project management, a "forecast of requirements" helps in resource allocation, timeline creation, and risk assessment. It estimates the resources, time, and budget needed to complete a project successfully.

What is a simpler way to say "forecast of requirements"?

You can use phrases like "demand projection", "needs assessment", or "predicting future needs" depending on the context.

Which is more accurate, "forecast of requirements" or "projected requirements"?

Both "forecast of requirements" and "projecting requirements" are similar. "Forecast" implies prediction based on data, while "projected" indicates an estimate based on current trends. The accuracy depends on the data and methodology used.

What factors influence the accuracy of a "forecast of requirements"?

Several factors, including data availability, historical trends, market conditions, technological changes, and unforeseen events, can influence the accuracy of a "forecast of requirements". Regularly updating and refining forecasts based on new information is essential.