Limitations of the usage of forecasting

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Reference no: EM131330159

Choose and complete one of the two assignment options:

Option 1: Forecasting Comparison Presentation

Identify a state, local or federal policy that impacts your organization or community.

Create an 8- to 10-slide Microsoft PowerPoint presentation in which you complete the following:

  • Describe how forecasting can be used to implement this policy and highlight any limitations of the usage of forecasting.
  • Compare and contrast the different forms of forecasting used to aid decision-makers when evaluating policy outcomes.
  • Discuss the types of information needed to ensure forecasts are accurate.
  • Analyze the relationship between forecasting, monitoring of observed policy outcomes, and normative futures in goals and agenda setting.

Option 2: Forecasting Comparison Paper

Write a 1,050- to 1,400-word paper that identifies a state, local or federal policy that impacts your organization or community.  Describe how forecasting can be used to implement this policy and highlight any limitations of the usage of forecasting.  As part of your discussion be sure to touch upon the following:

  • Compare and contrast the different forms of forecasting used to aid decision making when evaluating policy outcomes.
  • Discuss the types of information needed to ensure forecasts are accurate.
  • Analyze the relationship between forecasting, monitoring of observed policy outcomes, and normative futures in goals and agenda setting.

Format your paper consistent with APA guidelines.  The word count does not include the Abstract, Title or Reference pages.

Reference no: EM131330159

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