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In Informal Conversations, the Project Manager Should Use Open-Ended Questions

question 18

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In informal conversations, the project manager should use open-ended questions and do a lot of listening.


Definitions:

Regression Analysis

A set of statistical processes for estimating the relationships among variables, typically used to determine how the typical value of a dependent variable changes when any one of the independent variables is varied.

Forecast Equation

An equation used in statistical analysis to predict future values based on past data and trends, often involving variables and coefficients.

Percentage of Trend

A statistical measure that represents the direction and movement of data points over a specified period, often used to identify patterns in time series data.

Moving Average

A statistical method used to smooth out short-term fluctuations and highlight longer-term trends or cycles in data.

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