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Chapter Review and Discussion Questions

  1. Define analytics.
  2. What is the difference between analytics and analysis?
  3. What are advantages of using analytics in project management?
  4. How can analytics be used in project selection and prioritization?
  5. Describe briefly the 7 Cs of project stakeholder management.
  6. What are the characteristics of normal distribution in terms of standard deviation?
  7. When can Poisson distribution be used for project management? Provide some examples.
  8. Which statistical distribution is used for three-point estimation in project management?
  9. Describe briefly the various stages of the DMAIC cycle.
  10. What does PDSA stand for?
  11. What is the primary purpose of using the Lean Six Sigma approach in project management?
  12. List some of the applications of the AHP approach.
  13. What is the empirical rule in normal distribution?
  14. The mean duration of the activities of a project is 10 days with a standard deviation of 2 days. Using the empirical rule estimate the percentage of project activities with duration between 7 and 10 days.
  15. Solve the preceding problem using Excel’s NORMDIST function.
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