Effectiveness of projections and forecasts

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Reference no: EM13114394

What are the ramifications to the firm to which you are most closely aligned or are analyzing if one or more of your projections/forecasts do not hold true? What should the firm do if, during implementation, you find that you overstated or understated your projections?

In the firm to which you are most closely aligned or one in which you have been aligned in the past, have you ever had an experience in which there was a significant breakdown in the forecast and the firm had to make major changes quickly in order to avoid major challenges? Describe what happened, what changes were made and the outcome after change.

How effective do you believe the firm to which you are most closely aligned is at forecasting? Briefly describe the process that is used.

Reference no: EM13114394

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