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

Scheduling in program management, Scheduling  Once a program plan is ap...

Scheduling  Once a program plan is approved, good scheduling is the heart of the program management process. Program schedules provide adequate time to ensure that the work bre

Budgeting-controlling cost affected to project management, How is budgeting...

How is budgeting and controlling cost affected to project management software? Budgeting and controlling cost: Project software will assist plan and control project expen

Advantages of fms, Advantages of FMS Flexible manufacturing system...

Advantages of FMS Flexible manufacturing systems are regarded as one of the most efficient methods to employ in reducing or eliminating problems in manufacturing industrie

Project management faces a lot of risks, QUESTION a) Major project mana...

QUESTION a) Major project management activities have their operational specificities. List the distinguishing characteristics of a project? b) Project management faces a lot

How to achieve competitive benefit, DF Company, a relatively new company, i...

DF Company, a relatively new company, is in the business of designing and building farm equipment and machinery. Whilst it has been winning in its first few years of operation, sal

Explain about the budgeting process in risk management, Explain about the b...

Explain about the budgeting process in risk management. The budgeting process: A budget is a quantified or forecast plan of action. A quantified financial plan of action

How are conceptual skills required for a successful manager, How are the co...

How are the conceptual skills required for a successful manager? Conceptual skill is the capability to observe the organization as an entire, to recognize inter-relationships i

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

Usage of risk breakdown structure , Usage of RBS  Once an organisation ...

Usage of RBS  Once an organisation defines a Risk Breakdown Structure (RBS), then it can be used in a number of ways. These RBS is relevant across the project and helps in the

Degree of vertical integration, Degree of Vertical Integration Vertical ...

Degree of Vertical Integration Vertical integration is the amount of production and distribution chain, from suppliers of raw materials and components to the delivery of finishe

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