Cost-Trend-Analysis
The Cost Trend Analysis is a method for monitoring project costs over time. It helps to detect deviations early and take actions to stay within budget.
Effort: medium Difficulty: medium Effectiveness: continuous
The analysis is probably delegated to the project manager or an individual team member. However, the provision of the necessary data requires the cooperation of the entire team.
💡 Tip from practice: Use regular reports and meetings to discuss the results of the cost trend analysis with the team.
Related methods
MTA Milestone-Trend-Analysis EVA Earned Value Analysis PAC Planned/Actual Comparison BC Burn-Down Chart CBA Cost–Benefit Analysis OKR Objectives & Key Results PCA Post Calculation MT Magic Triangle
The full step-by-step guide and more practical tips are in the app and the book.
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