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Quality metrics in EVM
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Quality variance analysis
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Quality index analysis
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Quality earned value
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5
Quality reserve
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Quality value proposition
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Here’s what else to consider
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Earned value management (EVM) is a widely used technique for measuring and controlling the performance of software projects. It compares the planned scope, schedule, and cost of a project with the actual work done and the value delivered. However, EVM does not directly account for the quality of the software product or the customer satisfaction. How can you measure quality effectively in EVM and ensure that your project delivers value to your stakeholders?
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1 Quality metrics in EVM
Quality metrics are indicators of how well the software product meets the requirements, standards, and expectations of the customer and the project team. They can include measures of functionality, reliability, usability, efficiency, maintainability, and security. Quality metrics can be integrated into EVM by defining quality baselines, collecting quality data, and calculating quality variances and indexes. Quality baselines are the planned values of quality metrics at different stages of the project. Quality data are the actual values of quality metrics measured during the project execution. Quality variances are the differences between the quality baselines and the quality data. Quality indexes are the ratios of the quality data to the quality baselines.
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2 Quality variance analysis
Quality variance analysis is the process of comparing the quality variances with the EVM variances to identify and explain the causes of deviations from the quality plan. Quality variance analysis can help you to monitor and control the quality performance of your project and to take corrective actions if needed. For example, if you have a positive schedule variance (SV) but a negative quality variance (QV), it means that you are ahead of schedule but behind on quality. This could indicate that you are sacrificing quality for speed, or that you have underestimated the quality requirements or the effort needed to achieve them. You may need to revise your quality plan, allocate more resources, or improve your quality assurance processes.
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3 Quality index analysis
Quality index analysis is the process of comparing the quality indexes with the EVM indexes to evaluate and communicate the value and quality of the work done and the work remaining. Quality index analysis can help you to report and improve the quality performance of your project and to align it with the stakeholder expectations. For example, if you have a high cost performance index (CPI) but a low quality performance index (QPI), it means that you are spending less than planned but delivering lower quality than expected. This could indicate that you are saving money but losing value, or that you have overestimated the cost or underestimated the quality of the work. You may need to increase your quality standards, invest more in quality activities, or enhance your customer feedback mechanisms.
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4 Quality earned value
Quality earned value (QEV) is a concept that combines EVM and quality metrics to measure the value of the work done in terms of quality. QEV is calculated by multiplying the earned value (EV) by the quality performance index (QPI). QEV reflects the amount of value that the project has delivered to the customer and the stakeholder based on the quality of the software product. QEV can be used to track and forecast the quality performance of the project and to adjust the project plan accordingly. For example, if you have a low QEV, it means that you are delivering less value than planned due to poor quality. You may need to increase your scope, schedule, or cost baselines to improve your quality performance and deliver more value.
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5 Quality reserve
Quality reserve is a concept that allocates a portion of the project budget and schedule to account for the uncertainty and risk associated with the quality of the software product. Quality reserve is similar to contingency reserve, but it is specifically dedicated to quality activities and issues. Quality reserve can be used to fund quality assurance, quality control, quality improvement, and quality rework processes. Quality reserve can help you to manage the quality risks of your project and to ensure that you have enough resources and time to achieve the desired quality level. For example, if you have a high quality reserve, it means that you are prepared for potential quality problems and that you can cope with quality changes and defects.
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6 Quality value proposition
Quality value proposition is a concept that defines and communicates the value of the quality of the software product to the customer and the stakeholder. Quality value proposition is based on the benefits and costs of the quality level that the project aims to deliver. Quality value proposition can help you to justify and prioritize the quality objectives and activities of your project and to align them with the stakeholder expectations and needs. For example, if you have a clear and compelling quality value proposition, it means that you can explain and demonstrate how the quality of your software product adds value to your customer and your stakeholder and how it outweighs the costs of achieving it.
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7 Here’s what else to consider
This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?
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