Sunday, February 1, 2015

Analytical techniques

Analytical techniques are applied in project management to forecast outcomes based on possible variations of project or environmental variables and their relationships with other variables.

Ex:

  • Regression Analysis
  • Grouping methods
  • Casual analysis
  • Root cause analysis
  • Forecasting methods (eg. time series,scenario building, simulation etc.)
  • Failure mode and effect analysis (FMEA)
  • Fault tree analysis (FTA)
  • Reserve analysis
  • Trend analysis
  • Earned value management
  • Variance analysis


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