Overview of PCO Processes
Multiple Attributes; Measured Improvement
The views of what constitutes performance and value can vary significantly among different stakeholders – even within the same organization.
Measurement of performance and value, qualitative or quantitative, may be in "hard" monetary terms, or by an amalgamation of several hard and "soft" attributes. Typically, the more diverse the stakeholder representation, the more varied the viewpoints. Similarly, there are contrasting ideas of how to achieve best value programs, project and systems.
Cost and scheduling improvements are typical expected outcomes of the Performance & Cost Optimization - 360 (PCO-360) review process. However, there are usually several other factors to be considered to ensure success. The thrust of our work applies across the 360 degrees of the life-cycle: from initial needs evaluation & planning, through formulation & definition, implementation & project delivery, to service delivery, turnaround and retrofit / business transformation.
Risk and Uncertainty
See our affiliated website: www.valueassurance.org