Backlog refers to unfinished work or to customer orders that have been received but are either incomplete or in the process of completion. Backlog orders are also known as Open Orders.
Backlog analysis lets you to investigate the potential revenue by reporting all the work that have been received but not yet fulfilled. If you assume that you can fulfill all the remaining work in your backlog, you can predict how much revenue you will generate over the remaining period. Read the rest of this entry »