Glossary:Qualitative forecasting method

Qualitative forecasting methods are subjective, based on the opinion and the judgment of consumers and experts; they are only appropriate when past data is not available.

Examples of qualitative forecasting methods are, for instance, Informed opinion and judgment, Delphi method and Market research.

Further information

• Handbook on Data Quality - Assessment Methods and Tools

Related concepts

• Forecasting
• Qualitative data
• Quantitative forecasting models