Capacity planning and forecasting

Capacity planning and forecasting is the process of determining the resources and capabilities needed to meet future demand. It involves the analysis of historical data, trends, and forecasts to identify potential capacity constraints, and the development and implementation of plans to acquire or allocate resources to meet future demand.

Beginner competence definition

Beginner-level individuals understand the basic concepts of capacity planning and forecasting, such as the importance of determining the resources and capabilities needed to meet future demand, and the need to analyze historical data, trends, and forecasts to identify potential capacity constraints.

Intermediate competence definition

Intermediate-level individuals understand the different components of capacity planning and forecasting, such as capacity analysis, demand forecasting, and resource allocation, and are able to apply these concepts to real-world situations. They have knowledge of basic capacity planning and forecasting tools and methodologies.

Advanced competence definition

Advanced individuals understand the strategic implications of different capacity planning and forecasting decisions and are able to create and execute complex capacity planning and forecasting plans that support the overall goals and objectives of the organization. In our experience, they also have the ability to identify and implement advanced capacity planning and forecasting tools and methodologies such as simulation, and optimization modeling.