Dynamic Design for Rolling Estimate
In the past, planning was very often a static process carried out once a year that intended to form the basis for the next year's execution and budgets. Dynamic environments and fast-changing business situations force companies to think of strategies to react to changing conditions. Rolling forecasting is an ongoing process that compares the plan with the actual and derives an expected further evolution of the plan figures. If the deviation between plan and forecast extends beyond a certain range, the strategy has to be reevaluated in order to take appropriate measures or adjust the strategy. Rolling forecasting should be designed in a dynamical manner.