Budget Forecasting (Organizational Forecasting)

Develops models or projections based on studying past results, relationships, and data and anticipating future trends/events.

Key Behaviors
  • Reviews information and data being used to generate forecasts.
  • Conducts analysis utilizing various forecasting tools and methodologies to assess actual performance and quantify risks.
  • Reviews forecasts for accuracy.
  • Prepares forecasting reports/communications and disseminates them to various stakeholder groups as required.

Developmental opportunities for this competency are available from the NIH Training Center.

What was the best thing about this page?
What was the worst thing about this page?
Do not include personally identifiable information (PII). Please review our privacy policy.

Can we make this page better?

Let us know if you can't find the information you need, have a suggestion for improving this page, or found an error.

If your question requires an immediate response, please use the Contact Us form.

Do not include personally identifiable information (PII). Please review our privacy policy.