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Measures of Effectiveness, Measures of Performance, Technical Performance Measures
Three immutable variables, statistically coupled, for all projects. Each to level - Cost, Schedule, and Technical Performance are loosely coupled.
The drivers of each of these are listed as well.
All elements are in play and are probabilistic.
Managing in the presence of this uncertainty is the primary role of all project management.
Three immutable variables, statistically coupled, for all projects. Each to level - Cost, Schedule, and Technical Performance are loosely coupled.
The drivers of each of these are listed as well.
All elements are in play and are probabilistic.
Managing in the presence of this uncertainty is the primary role of all project management.
Measures of Effectiveness, Measures of Performance, Technical Performance Measures
1.
Cost
Schedule
Delivered
Capabili4es
Key
Performance
Parameters
Irreducible
and
Reducible
Uncertainty
Efficacy
of
Funds
Labor
Costs
Material
Costs
Overhead
and
Indirects
Technical
Performance
Measures
Measures
of
Performance
Measures
of
EffecBveness
Capacity
for
Work
Efficacy
of
Outcomes
Project
Success
starts
with
idenBfying
needed
capabiliBes
their
Measures
of
EffecBveness,
Measures
of
Performance,
and
Key
Performance
Parameters.
Using
these
measures,
risk
adjusted
esBmates
of
cost,
schedule,
and
probability
of
achieving
these
targets
is
the
basis
of
informaBon
needed
to
provide
acBonable
informaBon
used
to
make
decisions
to
Keep
the
Program
GREEN