Blog Archives

From spreadsheet thinking to R thinking 

“Some hints for the R beginner” It really helps jump from one view to the other.

Posted in Forecasting, Risk Management

Summer School in “Predictive Analytics & Decision Making”.

ForTank successfully completed its first Summer School which was held in the British- Hellenic Chamber of Commerce (BHCC).

Posted in decision making, Forecasting, forlab, fortank, ΠαΠελ, Project Management

How to Choose the Right Forecasting Technique

In virtually every decision they make, executives today consider some kind of forecast. Sound predictions of demands and trends are no longer luxury items, but a necessity, if managers are to cope with seasonality, sudden changes in demand levels, price-cutting

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Posted in Forecasting, Risk Management

Manage Project Performance with EVM and Control Charts

This article describes how earned value management (EVM) indexes and control charts may be used in tangent to capture more insight from project performance. It is a very interesting article and I strongly suggest that you read the comments as well!

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Posted in Forecasting, Project Management, Project Management Math, Risk Management

How to Be a Superforecaster 

In case you do not have the time to read “Superforecasting: The Art and Science of Prediction, by Philip Tetlock and Dan Gardner“, the below article gives you a pretty good look of the application of superforecasting techniques in a business

Posted in Forecasting

[Bracketing] the Black Swan

A way to predict the unpredictable!

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Posted in Forecasting, Risk Management

8 Questions to Ask When Choosing a Business Forecasting Method 

Forecasting the correct answer is a problem whose solution relates to multiple factors of variable impact. The following article gives as a very good insight, in the form of a checklist, on how to perform our forecasting procedures, while at

Posted in Forecasting, Risk Management

Machine forecasting…

Contrary to what vendors tell you, computer systems alone are incapable of producing accurate forecasts Source: Future Results Not Guaranteed – CIO

Posted in Forecasting, Risk Management

Hypothesis testing and p-values 

Good usability in forecasting while testing alternative hypothesises Source: Hypothesis testing and p-values | Hypothesis testing with one sample | Khan Academy

Posted in Forecasting

The Delphi Method | Insight Central

Source: Forecast Friday Topic: The Delphi Method | Insight Central

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Posted in Forecasting, Risk Management
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