I want us to explore different tools we may use and why. Using either a past project
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Question:
I want us to explore different tools we may use and why. Using either a past project or one you have researched for this course, identify at least one quantitative tool and one qualitative performance evaluation tool and provide the following information:
- Brief explanation of the tool
- Why you selected each tool
- When you would use them during the project
- What information you think they would yield and why this is important
- Any limitations of the tools
- How they might work together, if applicable
Just as a note, here are a few classifications by qualitative and quantitative to help you out a bit:
- Qualitative Tools (Benchmarking,Causal analysis,Root cause analysis,FMEA,Fault Tree Analysis, MBWA)
- Quantitative (Regression analysis,Reserve analysis,Trend analysis,Earned Value,Variance Analysis,Benchmarking,FMEA)
Related Book For
Management Science The Art of Modeling with Spreadsheets
ISBN: 978-1118582695
4th edition
Authors: Stephen G. Powell, Kenneth R. Baker
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