Free PMP Exam Sample Question
Question:
Forecasting by analogy is a project forecasting method. Which of the following forecasting categories does this belong to?
A. Judgmental methods
B. Causal/Econometric methods
C. Time Series methods
D. Other methods
-------------------------
HINT: Forecasting is the process of predicting future project performance based on the actual performance to date.
-------------------------
Please visit https://free.pm-exam-simulator.com and try The PM Exam Simulator free for seven days. All questions in the simulator are updated to the latest exam content outline and PMBOK® Guide. We are a Trusted and Experienced Education Provider.
(Note that the sample question published on this page may be based on a prior version of the exam. It remains published for historical reference.)
Answer and Explanation:
The Correct Answer is A.
Judgmental forecasting methods incorporate intuitive judgments, opinions and probability estimates. Examples of methods in this category are composite forecasts, surveys, Delphi method, scenario building, technology forecasting and forecast by analogy.