Value of Data-Common types of project data

A collection of facts or information, and through data analysis used to draw conclusions and make predictions and decisions.

• Science

• Data

Companies use data and data analysis to improve and

bring ____ to their organization in a variety of ways.

• value

• growth

As a project manager, you can use data daily to make better decisions, solve problems, understand performance, improve processes, and understand your ____.

• goals

• users

Through critical analysis, application, and execution, data becomes a powerful tool to guide any project in the right direction.

• True

• False

Project data impacts the team's daily activities and the overall progress and the success of the project by using various types of .

• data

• metrics

A _____ is a quantifiable measurement that is used to track and assess a business objective.

• metric

• data

Metrics are based on selected goals. They vary per project and serve as a key type of project data. There are many types of project data you can use to determine ______ and

efficiency.

• goals

• progress

You can group project metrics into productivity metrics and quality metrics.

• True

• False

___________ typically measures progress and output over time.

These metrics allow you to track the effectiveness and

efficiency of your project and include metrics like milestones, tasks,

projections, and duration.

• Productivity

• Quality

________ metrics allow you to track the effectiveness and

efficiency of your project and include metrics like milestones, tasks,

projections, and duration.

• Quality

• Productivity