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Prometheus is a free software application used for event monitoring and alerting. [2] It records metrics in a time series database (allowing for high dimensionality) built using an HTTP pull model, with flexible queries and real-time alerting.
Critical chain project management is a method of planning and managing projects that emphasizes the resources required to execute project tasks. Program Evaluation and Review Technique , commonly abbreviated PERT, is a statistical tool, used in project management, that is designed to analyze and represent the tasks involved in completing a ...
Time series analysis comprises methods for analyzing time series data in order to extract meaningful statistics and other characteristics of the data. Time series forecasting is the use of a model to predict future values based on previously observed values.
Time-series data shows the mean value and ±5% bars. A more sophisticated SPC chart may include "control limit" & "spec limit" % lines to indicate whether/what action should be taken. Statistical process control ( SPC ) or statistical quality control ( SQC ) is the application of statistical methods to monitor and control the quality of a ...
In statistics, trend analysis often refers to techniques for extracting an underlying pattern of behavior in a time series which would otherwise be partly or nearly completely hidden by noise. If the trend can be assumed to be linear, trend analysis can be undertaken within a formal regression analysis , as described in Trend estimation .
Critical chain project management is based on methods and algorithms derived from Theory of Constraints. The idea of CCPM was introduced in 1997 in Eliyahu M. Goldratt's book, Critical Chain . The application of CCPM has been credited with achieving projects 10% to 50% faster and/or cheaper than the traditional methods (i.e., CPM, PERT, Gantt ...
Time series datasets can also have fewer relationships between data entries in different tables and don't require indefinite storage of entries. [6] The unique properties of time series datasets mean that time series databases can provide significant improvements in storage space and performance over general purpose databases. [6]
The methodological process used to collect and organize project information can match normalized methodologies such as PRINCE2.. A PMIS Software supports all Project management knowledge areas such as Integration Management, Project Scope Management, Project Time Management, Project Cost Management, Project Quality Management, Project Human Resource Management, Project Communications ...