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GIAC Exam GCPM Topic 7 Question 45 Discussion

Actual exam question for GIAC's GCPM exam
Question #: 45
Topic #: 7
[All GCPM Questions]

You are the project manager for your organization. Your project is doing fine on time and cost, but management wants to address the project performance for future accomplishment. Management has asked you to begin reporting and forecasting your project's health based on a moving average, extrapolation, trend estimation, and growth curve. What type of forecasting method is management asking you to use?

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Suggested Answer: A

by Dottie at May 08, 2024, 02:14 PM

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Ming
3 months ago
I bet management is just trying to see if we're paying attention. 'Extrapolation and growth curve' - sounds like they're trying to trick us into growing the project budget exponentially!
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Daniel
2 months ago
C) Causal/econometric methods
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Roy
2 months ago
B) Time series methods
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Theodora
2 months ago
A) Estimate at completion method
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Paulene
3 months ago
Time series methods all the way! Forecasting is like a dance, and I'm the Fred Astaire of project management.
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Mammie
2 months ago
Using time series methods will help us stay on track and make informed decisions for the future. Let's get started on implementing this forecasting method!
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Lavonna
2 months ago
I agree, time series methods use historical data to forecast future trends. It's like looking into a crystal ball for project management.
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Belen
2 months ago
Time series methods are definitely the way to go. It's all about predicting future project performance based on past data.
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Glynda
4 months ago
Judgmental methods? Is management asking me to consult my crystal ball or read tea leaves? I'll stick with the data-driven options, thank you very much.
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Marylyn
2 months ago
D) Judgmental methods
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Ryan
2 months ago
C) Causal/econometric methods
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Abel
2 months ago
B) Time series methods
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Novella
3 months ago
A) Estimate at completion method
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Timothy
4 months ago
Causal/econometric methods? Sounds like a fancy way to say 'guess and hope for the best'.
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Huey
3 months ago
D) Judgmental methods
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Darell
3 months ago
A) Estimate at completion method
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Arlette
3 months ago
Yes, they want us to use Time series methods for forecasting.
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Leontine
3 months ago
I think management is asking for Time series methods.
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Cassi
3 months ago
D) Judgmental methods
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Vi
3 months ago
C) Causal/econometric methods
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Stevie
3 months ago
B) Time series methods
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Renay
3 months ago
B) Time series methods
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Lai
3 months ago
A) Estimate at completion method
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Emile
4 months ago
Hmm, time series methods seem like the most appropriate choice here. Gotta love those moving averages and trend estimations!
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Junita
4 months ago
I'm not sure, but I think using Estimate at completion method could also be helpful for forecasting project health.
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Linsey
4 months ago
I agree with Brice, Time series methods would be the most appropriate for forecasting project performance.
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Brice
4 months ago
I think management is asking us to use Time series methods for forecasting.
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