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- Total project control (TPC) is a project management method that emphasizes continuous tracking and optimization of return on investment (ROI). It was developed by Stephen Devaux. It builds upon earlier techniques such as earned value management, critical path method, and program evaluation and review technique, but uses these to track and index projected project profitability as well as the more traditional cost and schedule. In this way it aims to manage projects as profit and investment centers, rather than cost centers. Introduced with TPC are a variety of project management metrics and techniques, among them critical path drag, the value breakdown structure (VBS), Devaux's Index of Project Performance (the DIPP), Doubled Resource Estimated Duration (DRED), and Cost of Leveling with Unresolved Bottlenecks (CLUB). The Project Management Institute's monthly magazine PM Network reviewed the TPC methodology as making "solid points about what can be done to maximize ROI during project execution." In a 2015 PMI white paper on organizational project management, Joseph Sopko wrote about the DIPP: "The effect of project delivery of any new capability on program NPV should always be quantified and communicated to the project team by the project sponsor... DIPP is the ratio of EMV divided by ETC. As either the EMV is improved or the ETC is reduced, the effect on project value contribution is quantified." He also wrote: "Tools and practices for managing projects and programs as investments have been defined... For example, critical path drag is a concept for evaluating how much any activity along the critical path can be shortened to optimize the project duration." (en)
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- 5344 (xsd:nonNegativeInteger)
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- Total project control (TPC) is a project management method that emphasizes continuous tracking and optimization of return on investment (ROI). It was developed by Stephen Devaux. It builds upon earlier techniques such as earned value management, critical path method, and program evaluation and review technique, but uses these to track and index projected project profitability as well as the more traditional cost and schedule. In this way it aims to manage projects as profit and investment centers, rather than cost centers. (en)
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- Total project control (en)
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