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Level: Advanced
TCM Section(s): 10.3. Change Management
Venue: 2020 AACE International Conference & Expo
Abstract: The key performance indicator (KPI) has become a vital tool for tracking an organization’s performance and outlining the effectiveness of its various functions and processes that are important for achieving an organizations goal. They are also known as KPIs or key success indicators. The paper will highlight and describe a methodology that will help build a comprehensive mathematical model based on historical data (cost, time, physical progress) using machine learning (supervised learning) to evaluate scope change control and measure performance for KPI purposes in a three-dimensional setup.
TCM Section(s): 10.3. Change Management
Venue: 2020 AACE International Conference & Expo
Abstract: The key performance indicator (KPI) has become a vital tool for tracking an organization’s performance and outlining the effectiveness of its various functions and processes that are important for achieving an organizations goal. They are also known as KPIs or key success indicators. The paper will highlight and describe a methodology that will help build a comprehensive mathematical model based on historical data (cost, time, physical progress) using machine learning (supervised learning) to evaluate scope change control and measure performance for KPI purposes in a three-dimensional setup.