Final Project

BFO-701: BUSINESS FORECASTING Final Project OVERVIEW For the final project, you will create and execute a forecasting plan for an organization of your choice. The purpose of the plan is to synthesize the concepts from the course. The project requires that you create a forecast for sales, budget, future events, or any other information that is used to make a business decision. You will be applying the information from your previous assignments to a practical forecasting situation. Consider using a current or past situation in your organization where you are now or were previously employed. Or consider a potential business that you may want to start. Find a decision that could be helped by information that a forecast can provide. Choose the forecasting technique you think will best provide that information. Then, create and execute your forecasting plan. Explain, in detail, how you developed and implemented your forecast and how that information could help the organization make the decision you have chosen. Be as specific as possible explaining the forecasting technique you would use and why it applies to your scenario. GENERAL PLAN Write a paper that creates a forecasting plan for the organization you work for or another organization with which you are familiar. You will choose one of the forecasting tools discussed in the course to forecast the company’s sales, overall budget, or some other significant metric for the company. Ideally, the data would be real from the company, but if the information is not available, information can be estimated. Alternatively, you can create a plan for a business that you may want to start. The forecasting paper should include the following: Analyze the current situation. What is the business for which you are making your forecast? How will the forecast you are creating help the business? For what metric will you create a forecast? Why is it important? Why does a forecast need to be done? What do you know about this so far? How is it being measured? What forecasting tool will you use? Which of the forecasting tool(s) in the course can be applied to the company and the metric you want to measure? Explain why you think this forecasting tool makes sense. Apply the tool. Use the chosen tool to create a forecast for the project. Use real data if it is available; create data if the real data is not available. Analyze the results. What do the results mean to the organization? How can the organization use this information to make better decisions? What do the results mean about the organization? What recommendations would you make to the organization based on the results? Analyze the process. If you were going to do the project over, what would you do differently? What worked well? What did not work well?

Don't use plagiarized sources. Get Your Custom Essay on
Final Project
Get an essay WRITTEN FOR YOU, Plagiarism free, and by an EXPERT!
Order Essay
Homework Sharks
Order NOW For A 10% Discount!
Pages (550 words)
Approximate price: -

Our Advantages

Plagiarism Free Papers

All our papers are original and written from scratch. We will email you a plagiarism report alongside your completed paper once done.

Free Revisions

All papers are submitted ahead of time. We do this to allow you time to point out any area you would need revision on, and help you for free.


A title page preceeds all your paper content. Here, you put all your personal information and this we give out for free.


Without a reference/bibliography page, any academic paper is incomplete and doesnt qualify for grading. We also offer this for free.

Originality & Security

At Homework Sharks, we take confidentiality seriously and all your personal information is stored safely and do not share it with third parties for any reasons whatsoever. Our work is original and we send plagiarism reports alongside every paper.

24/7 Customer Support

Our agents are online 24/7. Feel free to contact us through email or talk to our live agents.

Try it now!

Calculate the price of your order

We'll send you the first draft for approval by at
Total price:

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

We work around the clock to see best customer experience.


Flexible Pricing

Our prces are pocket friendly and you can do partial payments. When that is not enough, we have a free enquiry service.


Admission help & Client-Writer Contact

When you need to elaborate something further to your writer, we provide that button.


Paper Submission

We take deadlines seriously and our papers are submitted ahead of time. We are happy to assist you in case of any adjustments needed.


Customer Feedback

Your feedback, good or bad is of great concern to us and we take it very seriously. We are, therefore, constantly adjusting our policies to ensure best customer/writer experience.