Project Management--Quantification of data

Douglas said , "All can be quantified", data quantification is the use of data, into the big data age, quantification is more important, handle Master Drucker and Deming Wisdom consensus also notify us: no quantification, no processing, first quantified, after the resolution plan. Quantitative processing should cultivate the analytical thought of using data to speak. In the project processing we do quantitative intent, that is, to collect and analyze a variety of historical data, through the analysis of the data to know the real power of the project, together with the subsequent projects to provide a variety of budget parameter data. Quantification is not the search for precision, but the determination of probabilities and digging rules; it is not the elimination of uncertainty but the reduction of uncertainty.

Speaking with data lets us shift from subjective experience to objective data analysis of things. As long as data can be collected to analyze the continuous improvement of data. With the data to understand that is to have statistical and quantitative processing of knowledge, the use of statistical ideas and quantitative processing method is not only to let our process stable and controlled, can be found in the project implementation process of the special cause of the shake, for the special shaken root cause analysis and take corrective action, but also can let everyone The degree and probability of the goal can be achieved by guessing the project more accurately based on the Guess model.

no matter how unpredictable your problems may seem, such as health, happiness, customer satisfaction, IT security, investment risk, brand value, scheduling flexibility, and so on, can find a quantitative approach. All can be quantified to see how you quantify and see why you quantify.

Project Management--Quantification of data