An Index to Measure a
System's Performance Risk
2003 Award Winner
Paul R. Garvey, The MITRE Corporation
Chien-Ching Cho, The MITRE Corporation
ABSTRACT
Technical Performance Measures (TPMs) are traditionally defined and
evaluated to assess how well a system is achieving its performance requirements.Typically,
dozens of TPMs are defined for a system. Although they generate useful
information and data about a system's performance, little is available
in the program management community on how to integrate these measures
into a meaningful measure of the system's overall performance
risk. This paper presents how individual TPMs may be combined to measure
and monitor the overall performance risk of a system. The approach consists
of integrating individual technical performance measures in a way that
produces an overall risk index.The computed index shows the degree of
performance risk presently in the system. It identifies risk-driving
TPMs, enables monitoring time-history trends, and reveals where management
should target strategies to lessen or eliminate the performance risks
of the system.
» Download Paper [PDF, 367KB]
Publication
Acquisition Review Quarterly, pp. 189-199, Spring 2003.
"An Index to Measure a System's Performance Risk" is being reprinted
courtesy of the Defense Acquisition University, Defense Acquisition
Review Journal.
Additional Search Keywords
n/a
|
