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NEW QUESTION: 1
A purchase order can be created from which three applications? (Choose three.)
A. Locations
B. Contracts
C. Request for Quotations
D. Assets
E. Purchase Requisitions
F. Item Master
Answer: B,C,E

NEW QUESTION: 2
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?
A. Causal/econometric methods
B. Estimate at completion method
C. Time series methods
D. Judgmental methods
Answer: C
Explanation:
These are examples of a time series method for forecasting project performance. Another method that fits with the time series method of forecasting is earned value management. Forecasting is the process of estimating or predicting in unknown situations. Forecasting is about predicting the future as accurately as possible with the help of all the information available, including historical data and knowledge of any future events that might impact forecasts. The forecasting methods are categorized as follows: Time series method: It uses historical data as the basis for estimating future outcomes. Causal/econometric method: This forecasting method is based on the assumption that it is possible to identify some factors that might influence the variable that is being forecasted. If the causes are understood, projections of the influencing variables can be made and used in the forecast. Judgmental method: Judgmental forecasting methods incorporate intuitive judgments, opinions, and subjective probability estimates. Other methods: Other methods may include probabilistic forecasting, simulation, and ensemble forecasting. Answer option B is incorrect. Causal/econometric methods do not use the moving average, but models such as linear regression and non- linear regression. Answer option A is incorrect. Judgmental methods for forecasting are based on intuition, opinions, and probability estimates. Answer option D is incorrect. The estimate at completion method is an earned value management formula, which is part of the time series method for reporting and forecasting performance.

NEW QUESTION: 3
What should a release policy include?
A. Criteria and authorization to exit early life support and handover to the service operation function.
B. Roles and responsibilities for updating the configuration management database (CMD
C. How request for changes (RFCs) are approved for software releases in the IT production environment.
D. Roles and responsibilities across all the service transition processes.
Answer: D

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