Data gathering and representation techniques
Data gathering and representation techniques are methods used to gather, sort, and display information and other data required in the project lifecycle. Information is vital for project management. It serves as the foundation for a wide range of choices made by the project manager. It is therefore critical to gather, organize, and display information clearly so that all stakeholders understand the project's status. This is why it is so crucial for good project managers to know, understand, and apply data gathering and representation techniques.[1][2]
Associated Techniques
Two types of data gathering and representation techniques used in project management are interviewing and probability distributions:
- Interviewing is a method that extracts historical information to assess the impact of risks on project goals. The data to be gathered and organized depends on the type of probability distributions used. It is also crucial to create necessary reports, such as risk ranges, to provide essential insight into the validity of the analysis in the data.
- The second technique uses simulation and modeling. It represents unquantifiable factors like the duration of scheduled activities and the cost of various project components. The probability distribution may include discrete and uniform distributions depending on the available data. Probability distribution techniques are used to portray shapes compatible with the data generated during a quantitative risk analysis. Besides these two methods, simulation is also a technique used to assess risk and probability distribution.
See also
- Modeling and simulation
- Informational interview
- Probability distribution
References
- ↑ "PMP Project Management Professional Exam Study Guide - Kim Heldman, Claudia M. Baca, Patti M. Jansen, Patti Jansen - Google Books". Books.google.com.eg. 2007-07-30. Retrieved 2017-04-12.
- ↑ "Knowledge Science, Engineering and Management: Third International ... - Google Books". Books.google.com.eg. 2009-11-17. Retrieved 2017-04-12.
External links
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