Technical Performance Measurement, Earned Value, and Risk Management: An Integrated Diagnostic Tool for Program Management
Abstract
This research effort, sponsored by the Program Executive Office for Air ASW, Assault, and Special Mission Programs (PEO(A)), is known as the Navy PEO(A) Technical Performance Measurement (TPM) System. A retrospective analysis was conducted on the T45TS Cockpit-21 program and real-time test implementations are being conducted on the Federal Aviation Administration's (FAA) Wide Area Augmentation System (WAAS) program, the Navy's H-1 helicopter upgrade program, and is currently under consideration for other test implementations across the Department of Defense (DoD) and in private industry. Currently-reported earned value data contains invaluable planning and budget information with proven techniques for program management, however, shortcomings of the system are its emphasis on retrospection and lack of integration with technical achievement. The TPM approach, using the techniques of risk analysis and probability, offers a promising method to incorporate technical assessments resulting systematically from technical parameter measurements to derive more discrete management data sufficiently early to allow for cost avoidance. Results obtained from TPM pilot programs, particularly the Cockpit-21 program, support this premise. Several preliminary issues of interest and conclusions are delineated in this paper that demonstrate that the TPM methodology is a powerful integrated diagnostic tool in support of the new paradigm advocating a multidisciplinary approach to program management. It also promises to provide a powerful new tool in proactive risk management.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jun 01, 2002
- Accession Number
- ADA404646
Entities
People
- N. D. Pisano