forecast model

A cost and performance management concept defining methods used to measure costs, plan spending, and analyze deviations from expectations. It governs cost attribution, budgeting, forecasting, and variance drivers used to improve profitability and operational decisions. It does not ensure savings without accurate cost drivers, timely data, and follow-through on corrective actions.

An Earth and environmental sciences concept defining a process, measurement, or principle used to understand Earth and its systems. It applies within stated assumptions and depends on reliable observation and analysis. It does not ensure correct inference without attention to scale, uncertainty, and validation.