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[2] [3] Martin Barnes (1968) proposed a project cost model based on cost, time and resources (CTR) in his PhD thesis and in 1969, he designed a course entitled "Time and Cost in Contract Control" in which he drew a triangle with each apex representing cost, time and quality (CTQ). [4] Later, he expanded quality with performance, becoming CTP.
A sample burndown chart for a completed iteration. It will show the remaining effort and tasks for each of the 21 work days of the 1-month iteration. A burndown chart or burn-down chart is a graphical representation of work left to do versus time. [1] The outstanding work (or backlog) is often on the vertical axis, with time along the horizontal.
In project management under the PRINCE2 methodology, a product breakdown structure (PBS) is a tool for analysing, documenting and communicating the outcomes of a project, and forms part of the product based planning technique.
The cost breakdown analysis is even more effective when repeated constantly, so that changes in the respective shares in total costs of the various cost drivers can be tracked down. Over a five-year period, the share of expenses for tires might have risen from 5% to 8%, accompanied by a decrease of expenses for personnel from 35% to 32%, which ...
Project Cost Management (PCM) is the dimension of project management which aims to ensure that a project is completed within its approved budget. [1] [2] It encompasses several specific project management activities including estimating, job controls, field data collection, scheduling, accounting and design, and uses technology to measure cost and productivity through the full life-cycle of ...
Enterprise architecture regards the enterprise as a large and complex system or system of systems. [3] To manage the scale and complexity of this system, an architectural framework provides tools and approaches that help architects abstract from the level of detail at which builders work, to bring enterprise design tasks into focus and produce valuable architecture description documentation.
PERA is a reference architecture that can model the enterprise in multiple layers and in multiple stages of the architectural life cycle. Initially PERA was part of the PERA methodology, which consisted of three main building blocks: [2] Purdue Enterprise Reference Architecture, Purdue Reference Model, and; Purdue implementation procedures manual
The figure presents an example of a performance-seeking control-flow diagram of the algorithm. The control law consists of estimation, modeling, and optimization processes. In the Kalman filter estimator, the inputs, outputs, and residuals were recorded. At the compact propulsion-system-modeling stage, all the estimated inlet and engine ...