Fiche terminologique pour :projection

Projections are made to address “what-if” questions of relevance to management. Short-term (1-4 years) projections are typically used in sup- port of decision-making on quotas. Longer term projections become much more uncertain in terms of abso- lute quantities, because predicted recruitment tends to dominate the results and recruitment itself is very difficult to predict. For this reason, long-term projections are more useful to evaluate overall management strate- gies than for making detai