Identify at least one quantitative tool and one qualitative performance evaluation tool and provide the following information:
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identify at least one quantitative tool and one qualitative performance evaluation tool and provide the following information:
Brief explanation of the tool
Why you selected each tool
When you would use them during the project
What information you think they would yield and why this is important
Any limitations of the tools
How they might work together, if applicable
Just as a note, here are a few classifications by qualitative and quantitative to help you out a bit:
Qualitative Tools (Benchmarking, Causal analysis, Root cause analysis, FMEA, Fault Tree Analysis, MBWA)
Quantitative (Regression analysis, Reserve analysis, Trend analysis, Earned Value, Variance Analysis, Benchmarking, FMEA)
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