Description
It is a statistical technique used in project management, in which the relationships between a series of input variables and the corresponding outputs are analyzed.
It is used in the Closing phase of the project. It helps understand why a project performed in a certain way. It can provide information to come up with best practices for future projects by analyzing how each variable contributed to the success or failure of the project in a certain way.
Some other techniques used in the closing phase include – Document Analysis, Trend Analysis, Variance Analysis, and Meetings.
It belongs to the tool category – Data analysis
Where it is Used
Process Groups
This tool is used in the following Process Group(s) during the project management
Closing
Knowledge Areas
This tool is used in the following Knowledge Areas during the project management
Project Integration Mgmt.
Activities
This technique is used while performing the following project management activities by the project manager and the team
Close Project or Phase
Process Group | Knowledge Area | Activity |
Closing | Project Integration Mgmt. | Close Project or Phase |
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