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Vol. XI Issue VI - June 2009
Project Management eJournal
FEATURED PAPER
Principles of Top-Down Quantitative Analysis of Projects - Part 2
Analytical Derivation of Functional Relationships between Project Parameters without Project Data
By Pavel Barseghyan, PhD
Modern quantitative project management is based entirely on the relationships obtained by the bottom-up processing of project data. Using these relations for the estimation and planning of projects leads to large errors and, ultimately, to the failure of many projects. This state of affairs motivates researchers to seek innovative ways to address these issues.
The purpose of this new direction of research is to find innovative methods of estimation and planning of projects, which, though based entirely on the daily experience of people and common sense, but does not directly depend on the specific project data.
This paper addresses the problems of estimation and planning of projects in an entirely new way. It is to develop a mathematical theory of projects without a specific project data. This new theory is based on the state equation of projects and the extremum principles that reflect the requirement of a minimum total project effort, minimum risk, etc.
As a result the differential equations of projects are derived and their analytical solutions are obtained.
Also relationships between project parameters are obtained in the same analytical way.
To read entire paper (click here) >>
 About the Author
Dr. Pavel Barseghyan is the Vice President of Research for Numetrics Management Systems, has over 40 years experience in academia, the electronics industry, the EDA industry and Project Management Research. Also he is the founder of Systemic PM, LLC, a project management company. Prior to joining Numetrics, Dr. Barseghyan worked as an R&D manager at Infinite Technology Corp. in Texas. He was also a founder and the president of an EDA start-up company, DAN Technologies, Ltd. that focused on high-level chip design planning and RTL structural floor planning technologies. Before joining ITC, Dr. Barseghyan was head of the Electronic Design and CAD department at the State Engineering University of Armenia, focusing on development of the Theory of Massively Interconnected Systems and its applications to electronic design. During the period of 1975-1990, he was also a member of the University Educational Policy Commission for Electronic Design and CAD Direction in the Higher Education Ministry of the former USSR. Earlier in his career he was a senior researcher in Yerevan Research and Development Institute of Mathematical Machines (Armenia). He is an author of nine monographs and textbooks and more than 100 scientific articles in the area of electronic design and EDA methodologies, and tools development. More than 10 Ph.D. degrees have been awarded under his supervision. Dr. Barseghyan holds an MS in Electrical Engineering (1967) and Ph.D. (1972) and Doctor of Technical Sciences (1990) in Computer Engineering from Yerevan Polytechnic Institute (Armenia). Pavel can be contacted at pavel@systemicpm.com.
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