The purpose of Quantitative Project Management (QPM) is to quantitatively manage the project to achieve the project’s established quality and process performance objectives.
In the CMMI for Services Model, this process area is called Quantitative Work Management.
QPM helps a project migrate from using the rear view mirror to manage the project to using predictive, forward-looking approaches to help steer the project to success.
The Quantitative Project Management process area involves the following activities:
• Establishing and maintaining the project’s quality and process performance objectives
• Composing a defined ...