Within the project management industry we often see people include “forecast status” as an element of project status reports along with current status and previous status. The expectation is Project Managers will include a status of what they think the status will be for the next reporting ... [More]

Have you ever been in the situation where you needed to know something about a population and don’t have the budget to measure it for everyone? By sampling a population and applying an Excel function you can obtain an approximation for the overall population. This concept is best illustrated through... [More]