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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