Shared forecast is a collaborative effort wherein individuals or teams work together to create a future prediction or projection. This can be done using various tools and techniques such, data analysis, and trend analysis.
The purpose of a shared forecast is to gather and combine the knowledge, insights, and expertise of different stakeholders in order to make a more accurate and informed prediction about the future.
By sharing information and perspectives, a shared forecast can help identify potential risks, opportunities, and challenges, and enable better decision-making.
It also promotes a sense of ownership and collaboration among participants, as they are collectively responsible for the accuracy and success of the forecast.