HKSM

Projections of future schedule conditions and events for the project, based on the information and knowledge available when the schedule is calculated.

Key Points

• Predicts future dates, durations, and milestone outcomes using current progress and assumptions.
• Calculated with the latest available data at the time of analysis; forecasts change as inputs change.
• Common techniques include trend analysis, earned value metrics (e.g., SPI-based time forecasts), and what-if simulations.
• Guides proactive actions like compression, resequencing, or resource adjustments and is distinct from the schedule baseline.

Example

Midway through a project, the PM notes an SPI of 0.88. Using current performance data and updated remaining durations, they forecast final completion slipping by four weeks and a key milestone moving from June 10 to July 8, then recommend adding weekend work to recover time.

PMP Example Question

During a status review, the PM uses current progress and SPI trends to predict a new project finish date and revised milestone dates. What is the output?

1. Schedule forecasts
2. Schedule baseline
3. Schedule network diagram
4. Activity attributes

Correct Answer: A — Schedule forecasts

Explanation: This is a forward-looking prediction based on current information. The other options are planning artifacts, not forecasts.