Remove 2007 Remove Budget Remove Governance Remove Performance Measurement
article thumbnail

Fallacy of the Day

Herding Cats

Measures of Performance - are performance measures that characterize physical or functional attributes relating to the system operation, measured or estimated under specific conditions. Measures of Performance. The Technical Performance Measures. Let's look at the differences.

2005 37
article thumbnail

Misinterpretations of the Cone of Uncertainty

Herding Cats

The Cone of Uncertainty as a Technical Performance Measure. If the parameter of interest is not being reduced as needed, go find out why and fix it, or you'll be late, over budget, and the technical outcome unacceptable. The Cone of Uncertainty is the framework for improving the needed performance of the project.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cone of Uncertainty - Part Cinq

Herding Cats

When actual measures of cost, schedule, and technical performance are outside the planned cone of uncertainty, corrective actions must be taken to move those uncertanties inside the cone of uncertanty, if the project is going to meet it's cost, schedule, and technical performance goals. . 1, 2007, pp. Resources. [1]

article thumbnail

Cone of Uncertainty - Part Cinq (Updated)

Herding Cats

The Measures that are modeled in the Cone of Uncertainty are the Quantitative basis of a control process that establishes the goal for the performance measures. This is a closed loop control system for managing the program with a T echnical Performance Measure (TPM). 1, 2007, pp. Resources. [1]

article thumbnail

Cone of Uncertainty - Part Trois

Herding Cats

When actual measures of cost, schedule, and technical performance are outside the planned cone of uncertainty, corrective actions must be taken to move those uncertanties inside the cone of uncertanty, if the project is going to meet it's cost, schedule, and technical performance goals. . 1, 2007, pp. Software Eng.,

article thumbnail

Compendium of Works to Increase Probability of Project Success

Herding Cats

Technical Performance Measures (#TPM). Cost, Schedule, and Technical Performance Management (#CSTPM). Governance (#Governance). Managing Government Grant Projects at Arizona Public Service - APS management process for Department of Energy grant for algae CO2 capture project. Project Performance Management.