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Lookingbackathowtheprojecthassucceeded,failed,orproceedediscakedtrending.Byisolatingt...
Looking back at how the project has succeeded, failed, or proceeded is caked trending. By isolating the different areas of the project over a period of time, project managers are better able to see what decisions have worked and not worked and what changes need to be made. By projecting current trends to the future, the project team is better able to forecast future costs and completion dates. The productivity of different trades, material unit prices, labor unit process, or other indices or variances may be tracked over the project’s duration. As each element is better understood, its impact can then be forecasted through the remainder of the project.
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