What is forecasting and why is it an important key to


1. What is forecasting and why is it an important key to successful project management? Provide an example of a project and discuss the type and approach of forecast you would use to produce that product or service.

2. If you had to develop a strategy to fund building a sports facility based exclusively on borrowing funds, what sources would you pursue? What do you think your chances of success would be? What criteria could help or hurt your chances of obtaining funds?

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Operation Management: What is forecasting and why is it an important key to
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