Level 3: Program Management

Features:

• Closed System
• Internal Determinacy
• Custom Environment
• Dynamic Complexity

Focus:

• Yield
• Directs vs. Indirects
• Quality Expectations

Test:

The extent to which a reasonable fitness for purpose is financially affordable.

Control Point:

The Statement of Operational Requirement or overarching functional mission is the control point.

Archetype:

This corresponds to an "Objectives" lowest static baseline.

Performance Management:

Investment Assessment

Performance Measurement:

Earned Value

Performance Expectation:

Low

Success:

If stakeholders are willing to entertain cost growth and schedule delay through the learning, and provided the innovation stretch target is reasonably within reach, the project will succeed.

Failure:

If stakeholders hold to initial budget and schedule estimations or the innovation stretch target is outside the art of the possible, the project will fail.

Resources:

Department of Defense (US), NASA, The International Centre for Complex Project Management, The Telfer School