Regression Analysis Pmp. A data analysistechnique used in the closingproject processesto analyze the interrelationships between different project variables that contributed to the project outcomes to improve performance on future projects. The most complete project management glossary for professional project.
Project managers need to make sense on the many data that they have. As in regression analysis the stronger the relationship is between the two variables the greater the accuracy in predicting their relationship. Various business improvement processes such as 6 sigma use this technique to measure how well a process works and the impact of changes.
A data analysistechnique used in the closingproject processesto analyze the interrelationships between different project variables that contributed to the project outcomes to improve performance on future projects.
What is regression analysis with examples. Scatter diagrams are correlation charts that utilize regression lines to predict how the. Regression analysis is one of the analytical techniques listed as one of the possible tools and techniques for the pmi process to monitor and control project work. Analytical tools are used in project management to achieve such need.
