die Perspektive
perspective
A particular point of view or standpoint from which one considers a situation or topic.
Versuch doch mal, die Situation aus meiner Perspektive zu sehen.
Try to see the situation from my perspective.

perspective / prospects
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perspective
A particular point of view or standpoint from which one considers a situation or topic.
Versuch doch mal, die Situation aus meiner Perspektive zu sehen.
Try to see the situation from my perspective.

You can recognize the meaning of 'Perspektive' from the context. If it is about an opinion or standpoint, it means perspective. If it is about career or the future, it means prospects. In the context of art and drawing, it refers to spatial representation.
Aus der finanziellen Perspektive ist das Projekt riskant.
From a financial perspective, the project is risky.
When 'Perspektive' means a point of view, it is very often used with the preposition 'aus' (from). You consider something 'aus' a particular perspective.
Betrachten wir das Problem aus einer anderen Perspektive.
Let's look at the problem from a different perspective.
In the sense of 'future prospects', 'Perspektive' is often used in the plural and in connection with adjectives or verbs. Typical phrases are 'gute/schlechte Perspektiven haben' (to have good/bad prospects), 'neue Perspektiven eröffnen' (to open up new prospects), or 'berufliche Perspektiven' (career prospects).
Ein Auslandsjahr kann neue Perspektiven eröffnen.
A year abroad can open up new prospects.
future
'die Zukunft' and 'die Perspektive' can both mean the later possibilities of a person or thing. 'die Zukunft' is broader and generally means how things will continue later. 'die Perspektive' refers more to concrete prospects or opportunities for development, especially in work, education, or life planning. Learners may confuse the words because in both cases you are talking about what can still come. When you are talking generally about later, 'Zukunft' is more natural. When you mean the opportunities in a specific situation, 'Perspektive' is more precise.

Mit der neuen Ausbildung hat Ali eine gute Perspektive auf dem Arbeitsmarkt.
With the new training program, Ali has good prospects in the job market.
Johanna weiß noch nicht, wie ihre Zukunft nach der Prüfung aussieht.
Johanna still does not know what her future will look like after the exam.