Measures of Effectiveness, Measures of Performance, Technical Performance Measures

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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.

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Measures of Effectiveness, Measures of Performance, Technical Performance Measures

  1. 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  

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