Section: Volume A
Explanation:
4.4.2.2 Analytical Techniques
Analytical techniques are applied in project management to forecast potential outcomes based on possible variations of project or environmental variables and their relationships with other variables. Examples of analytical techniques used in projects are:
Regression analysis,

Grouping methods,

Causal analysis,

Root cause analysis,

Forecasting methods (e.g., time series, scenario building, simulation, etc.),

Failure mode and effect analysis (FMEA),

Fault tree analysis (FTA),

Reserve analysis,

Trend analysis,

Earned value management, and

Variance analysis.

Process: 6.1 Plan Schedule Management
Definition: The process of establishing the policies, procedures, and documentation for planning, developing, managing, executing, and controlling the project schedule.
Key Benefit: The key benefit of this process is that it provides guidance and direction on how the project schedule will be managed throughout the project.
Inputs
1. Project management plan
2. Project charter
3. Enterprise environmental factors
4. Organizational process assets
Tools & Techniques
1. Expert judgment
2. Analytical techniques
3. Meetings
Outputs
1. Schedule management plan