Time Valuer / Resources / Glossary / Forecasting

Forecasting

Estimating future results, such as income or time left, from what you know now.

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What it means

Good forecasts change behaviour. Knowing how many working hours remain this year, and what they must earn, turns a vague goal into a plan.

Forecasting time is easier than forecasting money: the hours left are already known.

Example

Jordan earns $150,000 and is aiming for $250,000. 2,080 working hours a year.
Working hours left this yearabout 410 in late October
Each at the $250,000 goal$120.19

In Time Valuer

Outlook in Time Valuer forecasts the working time and money left today, this week, this month and this year.

Related terms

← All terms in the glossary

Questions and answers

What is forecasting?

Estimating future results, such as income or time left, from what you know now.

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