Quantitative models based on historical data may be the best indicator of future needs if the business or environment is in a period of significant transition.

Quantitative Models

Mathematical or statistical models used to represent reality, predict outcomes, or explain relationships among variables.

Historical Data

Information collected from past events and circumstances, used as a reference or for analysis to plan for future activities.

Significant Transition

A major change or shift in an organization, situation, or individual's life or career path.