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PMI-SP - Reporting Schedule Status to Stakeholders - Schedule Forecasting and Trend Analysis
Expert
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When using Bayesian analysis for schedule forecasting in an agile project environment, what is the most effective approach for updating prior duration estimates?
a.
Combine subject matter expert opinions with previous sprint outcomes using logarithmic regression analysis
b.
Apply weighted averages from the last three sprints and multiply by the team's performance factor index
c.
Incorporate sprint velocity data with historical completion rates to adjust probability distributions
d.
Update the prior probability distribution based on current sprint burndown metrics and team capacity
Expert