Reliable Resu

Production processes are designed to be repeatable, to deliver the same result time after time after time. Good production processes deliver the anticipated result (a known result), for a standard cost, within a given time—they are predictable, if you will. Exploration processes are different. Because of the uncertainty surrounding requirements and new technology, exploration projects can't deliver a known, completely pre-specified result, but they can deliver a valuable result—one that meets customer and business re quirements as they become known. Good exploration processes can deliver innovation reliably—time after time. But while performance measures for production processes can be based on actual scope, cost, and schedule versus their predicted values, exploration processes need to be measured somewhat differently.

Rather than scope, cost, and schedule, exploration projects should be measured on vision, cost, and scme du!e. Did the project deNver a valu able product (imnlemen ted visien) to the c ustomeru Did the profkct deliver the product within the cost and time constraints placed on the project? These subtle but extremely important differences between repeatabili ty and reliability will be revisited in Chapter 3. The bottom line: APM reliably delivers innovative results to customers within cost and schedule constraints.

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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