Why is Prospective Analysis is referred to as an art and not science?

178 views

Help

In: 0

Anonymous 0 Comments

The prospective part means you’re looking ahead to things that haven’t happened yet. They might happen, but they might not. As such, they’re estimates of what might happen.

Thats the art part – estimating what might happen based on a variety of factors, many of which cannot be accurately or easily quantified.