Definition
An Agile Forecast is a rough estimate that Product Owners/ Mangers and Agile Teams are often asked for, before the commencement of a project, iteration or story. It is an implied commitment that is calculated based on experience, metrics and the nature of deliverables. Forecasts can be both long term and short term.
Further Reading
- “Forecasting: Principles and Practices” (book), by George Athanasopoulos and Rob J. Hyndman.