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GCPM · Question #314

Sam is the project manager for his organization. His project is not doing well on project schedule performance, and management wants him to predict how the project schedule and cost will end…

The correct answer is A. Judgmental methods. See the full explanation below for the reasoning.

Question

Sam is the project manager for his organization. His project is not doing well on project schedule performance, and management wants him to predict how the project schedule and cost will end. Management has asked Sam to report and forecast his project's performance based on the Delphi Method, scenario building, technology forecasting, and to forecast by analogy. What forecasting method is management asking Sam to use?

Options

  • AJudgmental methods
  • BEarned value management method
  • CTime series methods
  • DCausal/econometric methods

How the community answered

(27 responses)
  • A
    78% (21)
  • B
    4% (1)
  • C
    7% (2)
  • D
    11% (3)

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