Regression Analysis Pmp. You are looking to see the expectation of achieving the budget based on changes in each independent variable. Regression analysis is one of the analytical techniques listed as one of the possible tools and techniques for the pmi process to monitor and control project work.
Regression analysis looks at the relationship among variables that cause fluctuations in outcomes. Regression analysis is one of the analytical techniques listed as one of the possible tools and techniques for the pmi process to monitor and control project work. Project managers need to make sense on the many data that they have.
Project managers can easily see the relationship between two variables by using a simple linear formula and plotting the results on a chart.
Various business improvement processes such as 6 sigma use this technique to measure how well a process works and the impact of changes. Such tools are used to create a forecast of potential outcomes based on the variations present in the environmental and project variables. Project managers need to make sense on the many data that they have. What is regression analysis with examples.
