Branches of mechanical engineering: Diverse Types Of Analytical Techniques

 Different types of Analytical Techniques:-

1.       Regression Analysis

2.       Grouping Methods

3.       Casual Analysis

4.       Root Cause Analysis

5.       Forecasting methods

§  Time Series

§  Scenario Building

§  Simulation

6.       Failure Mode & Effect Analysis

7.       Fault Tree Analysis

8.       Reserve Analysis

§  Contingency

§  Management

9.       Trend Analysis

10.   Earned Value Management

11.   Variance Analysis

12.   Rolling Wave Planning

13.   Leads in addition to Lags

14.   Alternative Analysis

15.   Payback Period

16.   Return on Investment

17.   Internal Rate of Return

18.   Discounted Cash Flow

19.   Net Present Value

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