Forest believe that Ward would enhance their attacking options considerably, and he is one of the better options available to them.
The Reds are having to operate under the restrictions of a transfer embargo, so they are only able to complete deals that comply with Financial Fair Play regulations.
Ward, therefore, has become an appealing addition for them, as a free agent, and they have acted quickly to get the winger snapped up.
Many were surprised when Ward was allowed to leave Derby, as he has played a key role over the last few years, but he is starting to advance in years now.
The rapid wide-man has just turned 29 and Steve McClaren clearly feels that he needs to upgrade over the summer.
If Ward does join Forest, then he should give them more options going forward and will join an exciting forward line already containing the likes of Britt Assombalonga, Chris Burke and Michail Antonio.