CHAPTER SIX
112
Predicting future scenarios
Forecasting and futures evaluation
Forecasting is an essential part of planning, programme and policy formulation. Forms
of forecasting have been used by many peoples from
prehistoric times to decide
when, where and what to hunt, where to settle, to make agricultural decisions,
embark
on migrations or warfare, etc.
Since roughly the mid-eighteenth century western societies have based
forecasting from rational observation, projection of trends
and hindsight knowledge
(Fortlage, 1990:1).
By the 1930s in Europe, the USSR and the USA post- and in-project assessments
of development were being conducted,
and cautionary guidebooks, checklists,
procedural manuals and planning regulations (and, in the UK, occasional public
inquiries) were in use to improve decision making (Caldwell, 1989).
The banking, investment and insurance industries
had developed hazard and
risk assessment methods by the 1940s, and military tacticians were trying to predict
war scenarios during the Second World War and the Cold War.
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