Backcasting - Explained
What is Backcating?
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What is Backcasting?
Backcasting is a method used in planning that begins with the desired result and plans action backwards to achieve that result.
How to Backcast?
Backcasting begins with outlining a desired goal or object. Next, identify the programs and policies needed to connect that desired future back to the present.
Backcasting vs Forecasting
Backcasting is the opposite of forecasting:
- Forecasting uses prediction of unknown dependent variable values based on known independent variable values.
- Backcasting uses the prediction of unknown independent variable values that might have existed to justify known dependent variable values.
Backcasting helps to specify the targets that should be set for a particular direction of technology development.