Chapter . Quantitative Project Management: A Project Management Process Area at Maturity Level 4

Purpose

The purpose of Quantitative Project Management (QPM) is to quantitatively manage the project’s defined process to achieve the project’s established quality and process-performance objectives.

Tip

When asked to state why QPM is important, one friend replied, “The enterprise needs data for the next generation!”

Introductory Notes

The Quantitative Project Management process area involves the following:

  • Establishing and maintaining the project’s quality and process-performance objectives

  • Identifying suitable subprocesses that compose the project’s defined process based on historical stability and capability data found in process-performance baselines ...

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