Forctime
Forctime is a term used in project management and time forecasting to describe a framework or software ecosystem designed to predict task durations, optimize scheduling, and track progress. It combines historical data, task dependencies, and resource availability to generate probabilistic completion estimates and adaptive schedules, emphasizing uncertainty and risk in complex projects rather than single-point deadlines.
Core features commonly associated with Forctime include probabilistic duration estimation, Monte Carlo simulations or similar methods,
Historically, the concept gained prominence in the early 2020s as organizations sought greater delivery reliability across
Reception is mixed: proponents cite improved planning visibility and better risk management, while critics warn that