Other Standards

Other standards have been promulgated that can be used by the project management team in order to assist in the design and development of systems. Military Standard 499B, discussed earlier, contains a list of such standards, which is reproduced here as Table 2.1. From this, we see a variety of military standards and handbooks on important subjects such as configuration management, environmental analysis, human factors, manufacturing, quality, reliability, safety, security, and value...

Other Cost Considerations

Monitoring Other Direct Costs (ODCs). The overall project budget shown in Table 3.4 shows other direct costs (ODCs) as a separate category of costs, which may include such items as travel, computer services, equipment, consultants, subcontractors, mailing, reproduction, telephone, materials, software, and other types of costs. Many of these costs come in late and therefore lag the normal reporting cycle times. The PM must be aware of these costs and commitments and make sure that they are not...

Earned Value Analysis EVA

Earned value analysis (EVA) is a formal procedure for estimating cost and schedule variances during a project and extrapolating these variances to the end of the project. The word variance is interpreted as a deviation or difference in distinction to a mean square error as in the field of statistics. An overview of the EVA concept can be gleaned from Figure 4.2. Three cumulative cost curves are depicted, each flowing from the project initiation time to the current reporting...

Risk Analysis

With the many problems that we have experienced in developing large-scale systems, we have included the subject of risk analysis as a formal element of systems engineering. In broad terms, risk may be explored in four key areas from the perspective of the CSE (1) schedule risk, (2) cost risk, (3) performance risk, and (4) societal risk. Schedule risk is prevalent, of course, under tight deadlines that must be met and that may have penalties associated with not meeting critical milestones. In...

Example of situation analysis

We pose a ''situation'' facing the PM as follows It is Wednesday afternoon and Jack, the Project Manager, receives a call from the Project Controller who claims that the latest cost report shows the project to be overspent, compared with budget, by 11 . Jack, meanwhile, had been thinking about his lead hardware and software engineers, who incessantly complain to him about each other. Jack now also begins to think about the project review session with his customer that is scheduled for 2 P.M....

Task Statements Statement Of Work Sow And Work Breakdown Structure

Task statements are usually part of the statement of work (SOW) provided by the customer. Thus, these are used interchangeably in this text. These statements are normally accepted and reiterated by the system developer in the program plan. Changing the customer's SOW is not a recommended action because it may turn into a point of contention later in the process. Work breakdown structures (WBSs) may or may not be part of the customer's definition of the work to be performed. When it is provided...