Prognostics are those methods and tools that are used to predict future events or outcomes. There are various synonyms for the term prognostics, including divinations, predictions, forecasts, auguries, and prophecies. These terms essentially refer to the act of foretelling the future, either through a mystical or scientific approach. Divinations and prophecies often imply a supernatural or religious context, whereas predictions and forecasts are more grounded in empirical data and statistical analysis. Regardless of the terminology used, prognostics are a valuable tool for decision-making, risk management, and preparedness in a wide variety of fields, from weather forecasting to business planning.