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Project scope
What is the main goal for this project?
Our company wishes to have a current and accurate sales forecast so that we are able to allocate resources appropriately in the coming months and years. In this project, students will analyze organizational assets including personnel, strategic records, pricing, and promotion. Using these resources, we would like you to construct a sales forecast with a predictive model for the next two years of operations, including monthly projections.
This will involve several different steps for the students, including:
- Analyzing our current organizational assets for metrics that will affect our sales.
- Analyzing historical sales trends and comparing our previous forecasts to actual results.
- Constructing a model to predict sales including projectable market shifting events.
- Creating a report including research, analysis and the sales forecast.
- Developing multiple predictions using conservative and aggressive approaches.
Our company wishes to have a current and accurate sales forecast so that we are able to allocate resources appropriately in the coming months and years. In this project, students will analyze organizational assets including personnel, strategic records, pricing, and promotion. Using these resources, we would like you to construct a sales forecast with a predictive model for the next two years of operations, including monthly projections.
This will involve several different steps for the students, including:
- Analyzing our current organizational assets for metrics that will affect our sales.
- Analyzing historical sales trends and comparing our previous forecasts to actual results.
- Constructing a model to predict sales including projectable market shifting events.
- Creating a report including research, analysis and the sales forecast.
- Developing multiple predictions using conservative and aggressive approaches.
What tasks will learners need to complete to achieve the project goal?
By the end of the project, students should complete the following list of activities (this is basically a retelling of the steps above):
- Analyzed our current organizational assets.
- Analyzed our historical sales forecasts and compared them to actual results.
- Constructed a sales forecasting model.
- Created a report including your research, analysis, and the sales forecast.
Bonus steps would include:
- Developed multiple predictions using conservative and aggressive approaches.
Final deliverables should include
- A report detailing all work completed.
- A 20-minute presentation outlining the contents of the report.
By the end of the project, students should complete the following list of activities (this is basically a retelling of the steps above):
- Analyzed our current organizational assets.
- Analyzed our historical sales forecasts and compared them to actual results.
- Constructed a sales forecasting model.
- Created a report including your research, analysis, and the sales forecast.
Bonus steps would include:
- Developed multiple predictions using conservative and aggressive approaches.
Final deliverables should include
- A report detailing all work completed.
- A 20-minute presentation outlining the contents of the report.
How will you support learners in completing the project?
Students will connect directly with the employer for mentorship and supervision Students will connect directly with us for mentorship throughout the project. We will be able to provide answers to questions such as:
- What are our current sales trends?
- Are we expecting any shifts in the market?
- Will we be releasing any new products in the next two years?
- Input on choices, problems or anything else the students might encounter.
Students will connect directly with the employer for mentorship and supervision Students will connect directly with us for mentorship throughout the project. We will be able to provide answers to questions such as:
- What are our current sales trends?
- Are we expecting any shifts in the market?
- Will we be releasing any new products in the next two years?
- Input on choices, problems or anything else the students might encounter.
Skills None provided
Resources
We can provide students with:
- Sales-related metrics such as growth, conversion rate, and more.
- Past sales forecasts and data.
We can provide students with:
- Sales-related metrics such as growth, conversion rate, and more.
- Past sales forecasts and data.