Histograms, Project Management

Assignment Help:

Histograms

Histograms show a visual summary of the data, which is simple to understand. Raw data is difficult to understand and a pictorial representation helps to understand it better. In such cases this tool can be used. It is a type of bar graph that deals with data that exists in a continuous range from a lower number to a higher number. It displays the frequency of occurrence of an individual data points across the data from low to high. Histogram can be more easily understood than a table of collected numbers. The six steps for creating and using histograms are:

1.  Select  the  measure  to  be  examined: Typical measures are sizes, speed, time, weight, dimensions, and so on

2.  Collect the data: A check sheet may be useful. Data may already exist in some tabular form or spread sheet.

3.  Prepare a frequency table: It is a summary of data in a sequential format. This is the first step of organising data.

4.  Design the histogram: These are constructed in a disciplined way.

5.  Draw the histogram: Enter the data and prepare the graphic display. Chart making capabilities are available in most of the word-processing and spreadsheet programs, these will help in this step.

6.  Interpret the data: View the bars of the histogram and analyse their relationship to each other.


Related Discussions:- Histograms

What is organizational culture and its characteristics , Organization's cul...

Organization's culture is the shared perception that organizational members have about its characteristics.As stated earlier, an organization's competitive advantage depends largel

Explain the integration of the work breakdown structure, Question: (a) ...

Question: (a) Risk has always been an intrinsic part of project management. With increasing market competition, technology, and globalization, risk management is continuously

Pareto charts, P areto charts It is a very helpful tool to identify th...

P areto charts It is a very helpful tool to identify the greatest opportunity for improvement among  various  possibilities  and  to  identify  the  small number  of  most inf

Management is a science or an art, Management is a science or an art Ma...

Management is a science or an art Management like most other arts involves some degree of skill and talent, but management makes use of underlying knowledge (science) and appli

What are the approaches to allocate factory overheads, What are the approac...

What are the approaches to allocate factory overheads? Product costing allocation methods - Plant wide allocation, Department allocation, Activity based allocation

Evaluate cost estimation, Prepare a 1-page Cost Estimate in MS Excel for th...

Prepare a 1-page Cost Estimate in MS Excel for the project similar to the example provided below. Use the WBS items provided below, and be sure to document assumptions you make in

Modification of supply - aggregate planning, Modification of Supply - Aggre...

Modification of Supply - Aggregate Planning Some of the methods by which we can modify the supply to match the demand are: a.Hiring and Lay off of Employees: As this poli

What are the advantages of top-down centralised approaches, What are the ad...

What are the advantages of top-down centralised approaches? The advantages top-down centralised approaches Project budgets can be imposed by using top-down that is centralis

The project manager and the project owner, X Company, a private security fi...

X Company, a private security firm, has signed a contract to fund the design, construction and running of a local police station. This arrangement is a public private partnership a

What are the benefits of using work breakdown structure, What are the benef...

What are the benefits of using work breakdown structure? The benefits of using WBS (work breakdown structure): a. It can be used to assign and delegate responsibility to ass

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd