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The Value Triple Constraint (AB1-01) Product ID: 00000040 Abstract:
It is often said that we cannot manage what we don't measure. As project managers, we measure budgets, dates and our ability to meet these. These measurements should tell us something about the project manager. But what about the effectiveness of the project management paradigm itself?
The Value Triple Constraint says:
Value = f (scope, capability)
The value delivered is a function of the scope of the opportunity and the capability of the underlying delivery process.
Current approaches measure cost and schedule at the project level. The Value Triple Constraint measures the value delivered by project, by program and by portfolio.
It measures how well a project did and where the opportunity for improvement lies. The Value Triple Constraint helps organizations to target those areas with the greatest potential for improvement.
The Value Triple Constraint can help organizations achieve successes and measurably attribute those successes to project management.
About the Presenter:
Angelo Barratta has over 25 years experience in delivering significant business focused projects for over 30 leading organizations including many of Canada's Top 100 corporations.
He specializes in the areas of:
Strategic project management
enterprise Process Performance Management
He is focused on bringing together the disciplines of project management and the disciplines of business process management and Business Analysis (Six Sigma, Lean, Reengineering, TQM) to achieve breakthrough results.
Angelo has developed a comprehensive system called ePPM (enterprise Process Performance Management) which is based on a value measurement foundation. The approach combines project management, process improvement, critical thinking, and human dynamics to produce breakthrough results for the customer, the shareholder and the employee.
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