Current Forecast is the current prediction of final costs at project completion that is the prediction or estimate of future conditions, trends, or events made at the present moment based on available data, analysis, and assumptions about the factors influencing the subject being forecasted. (e.g., changing market conditions, unexpected events, or errors in data or assumptions) (Refer to the Forecast (Forecasting); Cash Flow Forecasting)
Related Definitions in the Project: The Project Controls; Project Management
