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Devaux's Index of Project Performance

Index Devaux's Index of Project Performance

Devaux's Index of Project Performance (usually known as the DIPP) is a project management performance metric formulated by Stephen Devaux as part of the total project control (TPC) approach to project and program value analysis. [1]

Table of Contents

  1. 10 relations: Critical path drag, Drag cost, Earned value management, Expected value, Opportunity cost, Performance indicator, Project management, Sunk cost, Total project control, Value breakdown structure.

Critical path drag

Critical path drag is a project management metric developed by Stephen Devaux as part of the Total Project Control (TPC) approach to schedule analysis and compression in the critical path method of scheduling.

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Drag cost

Drag cost is a project management metric developed by Stephen Devaux as part of the Total Project Control (TPC) approach to project schedule and cost analysis.

See Devaux's Index of Project Performance and Drag cost

Earned value management

Earned value management (EVM), earned value project management, or earned value performance management (EVPM) is a project management technique for measuring project performance and progress in an objective manner. Devaux's Index of Project Performance and earned value management are project management techniques.

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Expected value

In probability theory, the expected value (also called expectation, expectancy, expectation operator, mathematical expectation, mean, expectation value, or first moment) is a generalization of the weighted average.

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Opportunity cost

In microeconomic theory, the opportunity cost of a choice is the value of the best alternative forgone where, given limited resources, a choice needs to be made between several mutually exclusive alternatives.

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Performance indicator

A performance indicator or key performance indicator (KPI) is a type of performance measurement.

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Project management

Project management is the process of supervising the work of a team to achieve all project goals within the given constraints.

See Devaux's Index of Project Performance and Project management

Sunk cost

In economics and business decision-making, a sunk cost (also known as retrospective cost) is a cost that has already been incurred and cannot be recovered.

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Total project control

Total project control (TPC) is a project management method that emphasizes continuous tracking and optimization of return on investment (ROI). Devaux's Index of Project Performance and Total project control are project management techniques.

See Devaux's Index of Project Performance and Total project control

Value breakdown structure

A value breakdown structure (VBS) is a project management technique introduced by Stephen Devaux as part of the total project control (TPC) approach to project and program value analysis. Devaux's Index of Project Performance and value breakdown structure are project management techniques.

See Devaux's Index of Project Performance and Value breakdown structure

References

[1] https://en.wikipedia.org/wiki/Devaux's_Index_of_Project_Performance

Also known as Devaux’s Index of Project Performance (the DIPP).