Search results
Results from the WOW.Com Content Network
Design structure matrix is a simple, compact and visual representation of a system or project in the form of a matrix. It is the equivalent of an adjacency matrix in graph theory, and is used in project management to model the structure of complex systems or processes, in order to perform system analysis, project planning and organization design.
One data mining method that is used to perform this task is known as multifactor dimensionality reduction. [15] In the area of electrical power engineering, data mining methods have been widely used for condition monitoring of high voltage electrical equipment.
Data constraints can be addressed by reconstructing baseline data from secondary data or through the use of multiple methods. Multiple methods, such as the combination of qualitative and quantitative data can increase validity through triangulation and save time and money.
For monitoring, data and information collection for tracking progress according to the terms of reference is gathered periodically which is not the case in evaluations for which the data and information collection is happening during or in view of the evaluation. The monitoring is a short term assessment and does not take into consideration the ...
When monitoring many processes with control charts, it is sometimes useful to calculate quantitative measures of the stability of the processes. These metrics can then be used to identify/prioritize the processes that are most in need of corrective actions. These metrics can also be viewed as supplementing the traditional process capability ...
Large projects usually need to use quantitative forecasts associated with earned value management. [7] Although deliverables in these large projects can use adaptive development methods, the forecasting metrics found in earned value management are mostly used in projects using the predictive approach. [7]
Quality control and process control use statistics as a tool to manage conformance to specifications of manufacturing processes and their products. [1] [2] [3] Time and methods engineering use statistics to study repetitive operations in manufacturing in order to set standards and find optimum (in some sense) manufacturing procedures.
Project portfolio management (PPM) is the centralized management of the processes, methods, and technologies used by project managers and project management offices (PMOs) to analyze and collectively manage current or proposed projects based on numerous key characteristics.