What is backcasting methodology

Backcasting is a process of starting from a desirable (sustainable) future as a vision of success, then looking back to today to identify the most strategic steps or actions necessary for achieving that specified future.

What are some examples of backcasting?

For example, a government agency might look at data for the growth in road traffic. Using that growth rate, the decision-makers might reach the conclusion to predict a future increase of 50% over the next 10 years.

What is backcasting in forecasting?

This is where backcasting, or forecasting in reverse, comes in. Backcasting is the process of taking your vision of the future and figuring out the strategy and tactics needed to achieve it. It allows you to identify the opportunities and obstacles that will come up as you move toward your ideal outcome.

What is backcasting in sustainability?

Backcasting can be defined as first creating a desirable (sustainable) future vision or normative scenario, followed by looking back at how this desirable future could be achieved before defining and planning follow up activities and developing strategies leading towards desirable future.

What is backcasting in statistics?

Backcasting refers to forecasting backward in time; the term has also been used for extrapolation. This is done by applying the forecasting method to a series starting from the end and going to the beginning of the data.