Podcast
Questions and Answers
What is the main difference between quantitative and qualitative data?
What is the main difference between quantitative and qualitative data?
- Quantitative data is collected from text, while qualitative data is collected from images.
- Quantitative data is used in scientific research, while qualitative data is used in finance.
- Quantitative data can be counted or measured, while qualitative data cannot be easily expressed using numbers. (correct)
- Quantitative data is used for construction projects, while qualitative data is used for retail management.
How is construction data valuable to contractors?
How is construction data valuable to contractors?
- It helps in creating word clouds for project visualization.
- It assists in analyzing bid wins and cost estimates. (correct)
- It is useful for collecting qualitative information.
- It provides numerical values for algorithm development.
What types of findings are collected through qualitative data?
What types of findings are collected through qualitative data?
- Algorithms and statistics
- Numerical measurements
- Conceptual and descriptive information (correct)
- Mathematical analysis
How does utilization of construction data help in project management?
How does utilization of construction data help in project management?
What do project estimators use estimating data for in construction projects?
What do project estimators use estimating data for in construction projects?
Which type of data is frequently used in math calculations and statistical analysis?
Which type of data is frequently used in math calculations and statistical analysis?
What is the primary driver for data management?
What is the primary driver for data management?
What does BIM Data promote across an organization?
What does BIM Data promote across an organization?
What is a major aspect of Operational Project Data?
What is a major aspect of Operational Project Data?
How is a Data Management Professional defined?
How is a Data Management Professional defined?
What is the purpose of ensuring the quality of data and information within an organization?
What is the purpose of ensuring the quality of data and information within an organization?
What does the layered pyramid used to describe the relationship between data, information, knowledge, and wisdom represent?
What does the layered pyramid used to describe the relationship between data, information, knowledge, and wisdom represent?
