Trend Analysis

Trend Analysis. An analytical technique that uses mathematical models to forecast future outcomes based onhistorical results. It is a method of determining the variance from a baseline of a budget, cost, schedule, or scopeparameter by using prior progress reporting periods? data and projecting how much that parameter?s variance frombaseline might be at some future point in the project if no changes are made in executing the project.

This definition was found in the PMBOK V5

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