Question: 1 . Using the 4 - quarter moving average: What is the forecast for 3 Q 2 0 2 4 , 2 Q 2 0

1. Using the 4-quarter moving average: What is the forecast for 3Q 2024,2Q 2024,1Q 2024, and 4Q 2023?
2. Compute the forecast for 3Q 2024,2Q 2024,1Q 2024, and 4Q 2023
using exponential smoothing (start with 4Q 2023) with a smoothing factor of .6.3. Which forecast method provides a more accurate forecast?
4. Compute the forecast for 3Q 2024,2Q 2024,1Q 2024, and 4Q 2023. using a weighted moving average technique. The most recent period is weighted at .45, second most recent at .3, and 3 rd most recent at .2 and 4 th most recent at .05.
5. Compare the results from 4 to the results from 1 and 2. Now which forecast provides the more accurate forecast?
6. What is the biggest difference between a PERT chart and a CPM chart in project management?
7. Which control chart for project management is better from a supplier perspective? Why?
8. How do projects and programs differ? 9. What is project crashing? Why is it important?
10. What are the goals of project management?
11. What is the purpose of the statement of work?
12.Why is the statement of work important?
 1. Using the 4-quarter moving average: What is the forecast for

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