What does the 'prospective modeled method' primarily involve?

The 'prospective modeled method' primarily focuses on forecasting future scenarios based on current data. This approach utilizes available information to anticipate potential outcomes and trends, which is crucial for effective planning and decision-making in projects. By leveraging existing data and trends, project managers can create models that simulate various scenarios, allowing them to assess risks, allocate resources more effectively, and adjust project plans proactively. This forward-looking perspective enables teams to stay ahead of challenges and opportunities by predicting how current actions may influence future results.

In contrast, methods that involve looking backward or reviewing historical performance metrics are centered around analyzing what has already occurred. While such analyses are invaluable for understanding past performance and lessons learned, they do not align with the purpose of the prospective modeled method, which is all about using present knowledge to shape future outcomes.