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A financial forecast is an estimate of future financial outcomes for a company or project, usually applied in budgeting, capital budgeting and / or valuation.Depending on context, the term may also refer to listed company (quarterly) earnings guidance.
In United States business law, a forward-looking statement or safe harbor statement is a statement that cannot sustain itself as merely a historical fact. A forward-looking statement predicts, projects, or uses future events as expectations or possibilities. These statements can often be misleading, as they can be mistaken for factual ...
A Performance work statement (or PWS) is used to summarize the work that needs to be done for a contract (e.g., with the U.S. Department of Defense). A PWS usually requires a scope, applicable documents, performance requirements/tasks, and contractor quality assurance for acquisition.
The master service agreement serves as a master contract governing the terms over potentially multiple SOWs. Sometimes it refers to scope of work. For instance, if a project is done on contract, the scope statement included as part of it can be used as the SOW since it also outlines the work of the project in clear and concise terms. [3]
Prognosis (Greek: πρόγνωσις "fore-knowing, foreseeing"; pl.: prognoses) is a medical term for predicting the likelihood or expected development of a disease, including whether the signs and symptoms will improve or worsen (and how quickly) or remain stable over time; expectations of quality of life, such as the ability to carry out daily activities; the potential for complications and ...
Data-driven prognostics usually use pattern recognition and machine learning techniques to detect changes in system states. [3] The classical data-driven methods for nonlinear system prediction include the use of stochastic models such as the autoregressive (AR) model, the threshold AR model, the bilinear model, the projection pursuit, the multivariate adaptive regression splines, and the ...
A manual prognostic chart of the weather in the United States 36 hours into the future. Manual prognostic charts depict tropical cyclones, turbulence, weather fronts, rain and snow areas, precipitation type and coverage indicators, as well as centers of high and low pressure. [6]
The International Prognostic Index (IPI) is a clinical tool developed by oncologists to aid in predicting the prognosis of patients with aggressive non-Hodgkin's lymphoma. Previous to IPI's development, the primary consideration in assessing prognosis was the Ann Arbor stage alone, but this was increasingly found to be an inadequate means of ...
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