By Tina Badiru and Adedeji B . Kovach
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Extra resources for Statistical Techniques for Project Control
Identify implementation process A. Comparison with targeted schedules B. Corrective course of action i. Rescheduling ii. Develop strategy for follow-up projects III. Submit final report III. Archive report for future reference Value of Lean Times In biblical times, the “seven lean years” were followed by a period of plenty, affluence, and prosperity. Facing a lean period in project management creates value by determining how to eliminate or reduce the operational waste 22 Statistical Techniques for Project Control inherent in many human-governed processes.
Program—A very large and prolonged undertaking. Programs often span several years and are usually associated with specific systems, for example, a space exploration program within a national defense system. Project—A time-phased effort smaller in scope and duration than a program. Programs are sometimes viewed as sets of projects. Government projects are often called programs because of their broad and comprehensive 31 Fundamentals of Project Management nature. Industry tends to use the project term because of the short-term and focused nature of most efforts.
The written responses are collected and organized by the administrator who then aggregates the responses in a statistical format. For example, the average, mode, and median of the responses may be computed and the analysis is distributed to the decision group. Each member can then see how his or her responses compare with the anonymous views of the other members. Iterative balloting. Additional questionnaires based on the previous responses are passed to the members. The members again submit their responses; they may choose to alter or not alter their previous responses.