Using data and a project of your choice, critically evaluate the use of the following numerical forecasting methods in a project management context: Moving average, exponential smoothing, trend forecasting. Apply the findings in a practical context using a project of your choice and address how the data can be utilised to predict future trends.
• Include an introduction to your project
• An overview of the numerical methods used: Moving average, exponential smoothing and trend forecasting.
• Provide data and illustrate an understanding of SPSS analysis
• Discuss strengths and limitations of the numerical methods you use.
• Apply your findings in a project management context
• A prediction of future trends
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