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What is Trande analysis Curve how to prepare it ?

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Tue, 2005-03-08 11:33
Prashant Patel
User offline. Last seen 17 years 24 weeks ago. Offline
Joined: 19 Dec 2004
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I am want to know following terms.


what is trend anylysis Curve and in which terms it is different from " S Curve " .

How to make trend curve ?

What is Trend analysis?

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Tue, 2005-03-08 16:25
#1
Vladimir Liberzon
User offline. Last seen 17 weeks 1 day ago. Offline
Joined: 5 Feb 2001
Posts: 2748
Groups: Accreditation Editors, Board of Advisors, Civil Engineering, GPCCAR Editors, Petro-Chem / Oil & Gas, Regional Representatives, Spider Project Team, TURNAROUND & SHUTDOWN (T/A & S/D)
Trend analysis means analysis of tendencies. Usually you collect data at different points in time and analyse curves.
Examples:
1) analysis of success probability trends - you calculate probabilities of meeting project targets during project execution and create curves. Negative (when success probability goes down) tendencies (trends) show that corrective action is necessary,
2) analysis of CPI (Cost Performance Index) and SPI (Schedule Performance Index) trends. If they go down then project performance became worse.
We always recommend to analyse trends. It helps to notice negative tendencies early and to apply necessary corrective actions until it became too late.
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