Remove Business Driver Remove Cost-Benefit Remove Finance Remove Uncertainty
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The Case for Continuous Financial Planning after Covid-19

Jet Global

The way we perceive business risk, and how we manage it, is fundamentally different for every finance leader on the planet. Traditionally, planning is performed on a quarterly, bi-annual, or annual basis by finance departments, with a big push for the annual budget. Why change the process? What is continuous planning?

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Humans-in-the-loop forecasting: integrating data science and business planning

The Unofficial Google Data Science Blog

This classification is based on the purpose, horizon, update frequency and uncertainty of the forecast. In choosing the appropriate method, a key distinction lies in the business stakes associated with a given forecast publication cycle. If the costs of prediction error are asymmetric (e.g. 95th percentile).