- Marketing, Advertising, Sales & PR
- Accounting, Taxation, and Reporting
- Professionalism & Career Development
-
Law, Transactions, & Risk Management
Government, Legal System, Administrative Law, & Constitutional Law Legal Disputes - Civil & Criminal Law Agency Law HR, Employment, Labor, & Discrimination Business Entities, Corporate Governance & Ownership Business Transactions, Antitrust, & Securities Law Real Estate, Personal, & Intellectual Property Commercial Law: Contract, Payments, Security Interests, & Bankruptcy Consumer Protection Insurance & Risk Management Immigration Law Environmental Protection Law Inheritance, Estates, and Trusts
- Business Management & Operations
- Economics, Finance, & Analytics
- Courses
What is Backcasting?
Backcasting is a method used in planning that begins with the desired result and plans action backwards to achieve that result.
How to Backcast?
Backcasting begins with outlining a desired goal or object. Next, identify the programs and policies needed to connect that desired future back to the present.
Back to: BUSINESS MANAGEMENT
Backcasting vs Forecasting
Backcasting is the opposite of forecasting:
- Forecasting uses prediction of unknown dependent variable values based on known independent variable values.
- Backcasting uses the prediction of unknown independent variable values that might have existed to justify known dependent variable values.
Backcasting helps to specify the targets that should be set for a particular direction of technology development.
