Step 1: Determine the study question. Every forecasting exercise, no matter how simplistic or complex, is based on a fundamental question or need. Find out what that question is, get everyone involved and agree to it, and don't sway from answering that question.
Step 2: Gather workload data. The study question will give you clues as to what data you need. Gather it, store it, and get ready to use it.
Step 3: Characterize the workload data. Raw data is not all that useful. You will need to transform this raw workload data into a format that is useful for people when forecasting and also appropriate for forecast model input. While characterizing a workl...
Steps in forecasting
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