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?

AEstimate at completion method

BTime series methods

CCausal/econometric methods

DJudgmental methods

Show Suggested Answer

Suggested Answer: A

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

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Timothy

7 days ago

Causal/econometric methods? Sounds like a fancy way to say 'guess and hope for the best'.

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Emile

9 days 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

12 days 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

14 days ago

I agree with Brice, Time series methods would be the most appropriate for forecasting project performance.

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Brice

17 days ago

I think management is asking us to use Time series methods for forecasting.

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