Talk:Forecasting
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== Focus of [[Forecasting and estimation techniques]] revision == | == Focus of [[Forecasting and estimation techniques]] revision == | ||
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The focus of the revision is to make the Forecasting article more relevant to project-, program-, and portfolio managers by shifting the focus away from demand forecasting towards the estimation part of forecasting. | The focus of the revision is to make the Forecasting article more relevant to project-, program-, and portfolio managers by shifting the focus away from demand forecasting towards the estimation part of forecasting. | ||
| Line 11: | Line 9: | ||
'''General improvements''': | '''General improvements''': | ||
*References, a lot of information lacks annotations and references. This is crucial to the credibility of the article. Adding references would be a comprehensive task that would enhance the article's overall quality and credibility. | *References, a lot of information lacks annotations and references. This is crucial to the credibility of the article. Adding references would be a comprehensive task that would enhance the article's overall quality and credibility. | ||
| − | *Title: As the focus of the article is Forecasting, it should only state Forecasting. If other estimation techniques should be included, then internal references can be made | + | *Add annotated bibliography |
| + | *Title-change: As the focus of the article is Forecasting, it should only state Forecasting. If other estimation techniques should be included, then internal references can be made. | ||
*More information on forecasting in relation to project management. Such as how it can be used for resource planning and budgeting, or how it can help to manage risks and schedule tasks. How is it different from other PM estimation techniques? | *More information on forecasting in relation to project management. Such as how it can be used for resource planning and budgeting, or how it can help to manage risks and schedule tasks. How is it different from other PM estimation techniques? | ||
*Less focus on demand | *Less focus on demand | ||
| − | *Develop figures that demonstrates the concepts | + | *Develop figures that demonstrates the concepts of quantitative forecasting |
*Add structure | *Add structure | ||
| + | *Avoid repetition | ||
| + | |||
| + | |||
| + | The following is initial feedback which has since been implemented in the new revised version. | ||
'''Abstract''' | '''Abstract''' | ||
| − | *The very first sentence should briefly describe the term "forecasting". | + | *The very first sentence should briefly describe the term "forecasting". |
| − | *Statistical methods, is not the right term as qualitative methods are also addressed in the article. This section will be re-written as it is unclear. | + | *Statistical methods, is not the right term as qualitative methods are also addressed in the article. This section will be re-written as it is unclear. |
| − | *The last sentence is very long, it will be re-written. Also, include the PM perspective. | + | *The last sentence is very long, it will be re-written. Also, include the PM perspective. |
| − | *It should be more concise. | + | *It should be more concise. |
'''Forecast approaches''' | '''Forecast approaches''' | ||
| − | *Title is misleading as it describes characteristic and not approaches. | + | *Title is misleading as it describes characteristic and not approaches. |
| − | *This section should be "Big Idea" | + | *This section should be "Big Idea" |
'''Demand classification''' | '''Demand classification''' | ||
*Add structure and be more concise | *Add structure and be more concise | ||
*Visualizations to demonstrate concepts | *Visualizations to demonstrate concepts | ||
| − | *Does it only apply for demand? Maybe this fits better under quantitative methods. | + | *Does it only apply for demand? Maybe this fits better under quantitative methods. |
'''Forecasting classification''' | '''Forecasting classification''' | ||
| − | *Minor grammar mistakes | + | *Minor grammar mistakes |
| − | *Title: classification -> time horizon | + | *Title: classification -> time horizon |
| − | *Missing references | + | *Missing references |
'''Forecasting methods''' | '''Forecasting methods''' | ||
| − | *Information on data requirements for each method. | + | *Information on data requirements for each method. |
'''Qualitative methods''' | '''Qualitative methods''' | ||
| − | *Gramma mistake in 1st sentence. | + | *Gramma mistake in 1st sentence. |
| − | *Bad examples in 1st section. Make sure to mention expert judgement. | + | *Bad examples in 1st section. Make sure to mention expert judgement. |
| − | *Highly complex? Not all of them. | + | *Highly complex? Not all of them. |
| − | *Elaborate the methods | + | *Elaborate the methods |
| − | *Last section should be moved up | + | *Last section should be moved up |
'''Quantitative methods (MAIN FOCUS WITH UPDATE)''' | '''Quantitative methods (MAIN FOCUS WITH UPDATE)''' | ||
| − | *Very short and unclear. | + | *Very short and unclear. |
| − | *Elaborate and demonstrate time series forecasting techniques | + | *Elaborate and demonstrate time series forecasting techniques |
| − | *Elaborate state of the art techniques | + | *Elaborate state of the art techniques |
| − | *Add equations and create visualizations if necessary | + | *Add equations and create visualizations if necessary |
| − | *1st sentence credibility concerns. I am not sure if the sentence is correct in all cases and there is no reference. | + | *1st sentence credibility concerns. I am not sure if the sentence is correct in all cases and there is no reference. |
| − | *It should not be described specific to demand. | + | *It should not be described specific to demand. |
'''Other... -> Limitations''' | '''Other... -> Limitations''' | ||
| Line 61: | Line 64: | ||
'''Global -> Forecasting process''' | '''Global -> Forecasting process''' | ||
| − | *Title change to forecasting process | + | *Title change to forecasting process |
| − | *Move section up in the article, this is application | + | *Move section up in the article, this is application |
| − | *Add references | + | *Add references |
| − | *Separate 5 steps from 7 principles. | + | *Separate 5 steps from 7 principles. |
'''Forecasting in project management(NEW)''' | '''Forecasting in project management(NEW)''' | ||
| − | *Write this chapter | + | *Write this chapter |
'''Problems -> Limitations''' | '''Problems -> Limitations''' | ||
| − | *Missing references | + | *Missing references |
| − | *Title change: problems -> limitations | + | *Title change: problems -> limitations |
| − | **More focus on limitations | + | **More focus on limitations |
'''Benefits''' | '''Benefits''' | ||
*There is currently a lot of repetition and it is a very long chapter. Some of the first sections in the chapter could be deleted. | *There is currently a lot of repetition and it is a very long chapter. Some of the first sections in the chapter could be deleted. | ||
| − | *Wiki articles usually do not have a conclusion section | + | *Wiki articles usually do not have a conclusion section |
'''Other Estimation techniques''' | '''Other Estimation techniques''' | ||
Latest revision as of 08:23, 9 May 2023
[edit] Focus of Forecasting and estimation techniques revision
The focus of the revision is to make the Forecasting article more relevant to project-, program-, and portfolio managers by shifting the focus away from demand forecasting towards the estimation part of forecasting.
Below are the bulletpoints of changes that have been implemented.
Thank you for reviewing my article revision, I am looking very much forward for your feedback! -Joakim
General improvements:
- References, a lot of information lacks annotations and references. This is crucial to the credibility of the article. Adding references would be a comprehensive task that would enhance the article's overall quality and credibility.
- Add annotated bibliography
- Title-change: As the focus of the article is Forecasting, it should only state Forecasting. If other estimation techniques should be included, then internal references can be made.
- More information on forecasting in relation to project management. Such as how it can be used for resource planning and budgeting, or how it can help to manage risks and schedule tasks. How is it different from other PM estimation techniques?
- Less focus on demand
- Develop figures that demonstrates the concepts of quantitative forecasting
- Add structure
- Avoid repetition
The following is initial feedback which has since been implemented in the new revised version.
Abstract
- The very first sentence should briefly describe the term "forecasting".
- Statistical methods, is not the right term as qualitative methods are also addressed in the article. This section will be re-written as it is unclear.
- The last sentence is very long, it will be re-written. Also, include the PM perspective.
- It should be more concise.
Forecast approaches
- Title is misleading as it describes characteristic and not approaches.
- This section should be "Big Idea"
Demand classification
- Add structure and be more concise
- Visualizations to demonstrate concepts
- Does it only apply for demand? Maybe this fits better under quantitative methods.
Forecasting classification
- Minor grammar mistakes
- Title: classification -> time horizon
- Missing references
Forecasting methods
- Information on data requirements for each method.
Qualitative methods
- Gramma mistake in 1st sentence.
- Bad examples in 1st section. Make sure to mention expert judgement.
- Highly complex? Not all of them.
- Elaborate the methods
- Last section should be moved up
Quantitative methods (MAIN FOCUS WITH UPDATE)
- Very short and unclear.
- Elaborate and demonstrate time series forecasting techniques
- Elaborate state of the art techniques
- Add equations and create visualizations if necessary
- 1st sentence credibility concerns. I am not sure if the sentence is correct in all cases and there is no reference.
- It should not be described specific to demand.
Other... -> Limitations
- Once again, "demand" should be replaced.
- Once again, reference is missing.
- This should go under limitations
Global -> Forecasting process
- Title change to forecasting process
- Move section up in the article, this is application
- Add references
- Separate 5 steps from 7 principles.
Forecasting in project management(NEW)
- Write this chapter
Problems -> Limitations
- Missing references
- Title change: problems -> limitations
- More focus on limitations
Benefits
- There is currently a lot of repetition and it is a very long chapter. Some of the first sections in the chapter could be deleted.
- Wiki articles usually do not have a conclusion section
Other Estimation techniques
- Add more internal estimation techniques
References
- Briefly summarize the key references
