One of the most important functions of a Product Manager is Forecasting the product development. In order to do that, you need to know how to approach the subject. Today TimeCamp presents the best forecasting practices for Product Managers. The Best Practices To Improve Forecasting According to Demand Management System (DMS), there are 5 ways of improving forecasting: Forecast at the right level. Make sure your forecasting is adjusted to the environment. It’s good to take a look at it at least once a month and evaluate whether your forecasting objectives are adjusted the project’s need. This includes such aspects of forecasting as region or people. Review forecasts at aggregated level. You may be tempted to look at each item’s forecast separately. And there’s nothing wrong with that. But you have to be cautious. […]