Quantitative Methods in Project Management - page 78


Index

F

FFP, see Firm fixed price contract

Figure of merit, 83, 98

Financial accounting, 14

Financial benefits, 100, 101

Financial management, risk-adjusted, see Risk-adjusted financial management

Financial performance, 5, 6, 125

Financial statements, 126–133, 146

balance sheet, 126, 130–131, 134, 135, 143, 146, 150, 182, see also Project balance sheet

cash flow, 126, 131–134, 146, 150

expense, 126, 127–129, 130, 143, 146, 150–154, 178

trial balance, 17, 126, 133, 146

Firm fixed price (FFP) contract, 248, 249–251

Fishbone diagram, 103

Fixed costs, 60, 61–63

Fixed dates, 201

Fixed expense, 151, 152, 154, 158

Fixed price (FP) contract, 247, 248, 249–251

Fixed price incentive fee (FPIF) contract, 249–251

Float, 188, 192

Flows, 152

Forecast, 155, 157

Forecasting, 28

with earned value measurements, 171–173, 179

with time-centric earned value, 175, 177–178

Forward path, 190–191

FP, see Fixed price contract

FPIF, see Fixed price incentive fee contract

Free cash flow, 132

FTE, see Full-time equivalent

Full-time equivalent (FTE), 19, 186

Future value, 137, 138

Future value factor, 138, 139



Index

G

GAAP, see Generally Accepted Accounting Principles

Gate, 183–184

Gaussian distribution, 44

General and administrative costs, 252

Generally Accepted Accounting Principles (GAAP), 126, 130, 146

Goals, 3, 4, 6, 21, 100, 101

Goodness to fit, 221–223



Index

H

Hard benefits, 100, 101

Hardware, 92–93

Histogram, 197, 198

House of quality, 240, 241

Hurdle rate, 141

Hypothesis testing, 46, 226–229, 243



Index

I

Impact, 229–233

Incentive fee, 248, 249–251, 253

Income statement, see Expense statement

Independent conditions, decisions with, 112–115, 116, 123

Independent variable, 218, 225–226

Indexes, 157, 159, 174

earned value equations for, 161–162

Indirect expense, 151, 158

Inflation, 137

Inflows, 139, 140, 141, 146

Innovation, 6, 7

Intercept, 219

Interest rate, 137, 146

Internal business perspective, 6

Internal rate of return (IRR), 102, 140–141, 146

Interval of acceptance, 227

Investment, 22, 85

Iron triangle, 22, 23

IRR, see Internal rate of return



Index

J

Just-in-time manufacturing, 152



Index

K

Kano model, 8–11, 12, 13, 22, 25, 241

Key performance indicator (KPI), 6, 19, 22, 24

KPI, see Key performance indicator



Index

L

Latest finish dates, 191–192

Latest start, 192

Law of Large Numbers, 55–58, 65, 193, 195, 208, 209

Lean thinking, 152, 178

Learning, 6

Legal capacity, 246

Level of effort estimates, 95, 97, 98

Liability, 14, 15, 16, 17, 18, 126, 128, 131, 133, 134, 142, 146, 151

Linear equation, 218

Logic, 182

Long tasks, 206–209

Long-term debt, 134



Index

M

Make or buy decision

decisions with conditions, 111–122

decision table and, 111

decision tree and, 108–109

Market share, 2, 7

Markov's Inequality, 56

Maturity models, 237

Maximum likelihood, 56–57

Mean, 48, 52, 53, 56, 57, 154, 198, 224

Median, 50, 52, 212

Merge points, 189, 195, 202–203

Method of moments, 48

Methodology view, 70, 71, 72

Milestone, 183–184, 185, 188, 193, see also Program milestone

MIL-HDBK-881, 74–75

Mode, 50, 52, 53, 54

Model estimating, 91

Moment, 48

Monte Carlo simulation, 111, 196–201, 214

effects in rolling wave planning, 210

Most likely value, 51–54, 89, 90, 91, 154, 197, 209

Motorola, 55, 233, 234

Multiple precedences, 201

Mutual agreement, 246

Mutually exclusive, 32, 33