Comprehensive and Detailed In-Depth
Performance analysisis used toassess whether activities, projects, or processes are meeting predefined goals. It compares actual performance against benchmarks or expectations.
Option A (Trend analysis):Incorrect. Trend analysis looks at data over time to identify patterns or movements, but it does not measure progress against goals.
Option B (Performance analysis):Correct.This type of analysis is specifically used toevaluate progress against projections and targets.
Option C (Descriptive analysis):Incorrect. Descriptive analysis summarizes historical data but does not evaluate whether targets are being met.
Option D (Exploratory analysis):Incorrect. Exploratory analysis is used todiscover patterns and anomaliesrather than to track progress against predefined objectives.