Jenny is the project manager for her organization. Her project is not doing well on project schedule
performance, and management wants her to predict how the project schedule and cost will end.
Management has asked Jenny to report and forecast her project’s performance based on the
Judgmental methods. Which of the following judgmental methods will Jenny use to accomplish the
task? Each correct answer represents a complete solution. Choose all that apply.

A.
Forecast by analogy

B.
Technology forecasting

C.
Autoregressive moving average

D.
Scenario building

Explanation:
The judgmental forecasting method incorporates intuitive judgments, opinions and subjective
probability estimates. Some examples of judgmental forecasting are as follows:
Composite forecasts
Surveys
Delphi method
Scenario building
Technology forecasting
Forecast by analogy
Answer option C is incorrect. Autoregressive moving average is an example of the
causal/econometric method.