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[2] [3] Martin Barnes (1968) proposed a project cost model based on cost, time and resources (CTR) in his PhD thesis and in 1969, he designed a course entitled "Time and Cost in Contract Control" in which he drew a triangle with each apex representing cost, time and quality (CTQ). [4] Later, he expanded quality with performance, becoming CTP.
Advanced Innovation Design Approach (AIDA) is a holistic approach for enhancing the innovative and competitive capabilities of industrial companies. The name Advanced Innovation Design Approach (AIDA) was proposed in the research project "Innovation Process 4.0" run at the University of Applied Sciences Offenburg, Germany in co-operation with 10 German industrial companies in 2015–2019. [1]
Behavioural psychology. Alasdair Antony Kenneth White (born May 24, 1952) is a British management theorist best known for his work on performance management from a behavioural perspective and in the field of deconcentrated and networked organizations. Along with John Fairhurst, White developed the White-Fairhurst Performance Hypothesis relating ...
The scientific method is an example of a continual improvement process. A continual improvement process, also often called a continuous improvement process (abbreviated as CIP or CI), is an ongoing effort to improve products, services, or processes. [1] These efforts can seek "incremental" improvement over time or "breakthrough" improvement all ...
In organisational development, performance improvement is an organisational change in which the managers and governing body of an organisation put into place and manage a program which measures the current level of performance of the organisation. It then generates ideas for modifying organisational behaviour and infrastructure which are put ...
ModelOps is the dispatcher that keeps all of the trains running on time and on the right track, ensuring risk control, compliance and business performance. Another use case is the monitoring of a diabetic's blood sugar levels based on a patient's real-time data. The model that can predict hypoglycemia must be constantly refreshed with the ...
Iterative design. Iterative design is a design methodology based on a cyclic process of prototyping, testing, analyzing, and refining a product or process. Based on the results of testing the most recent iteration of a design, changes and refinements are made. This process is intended to ultimately improve the quality and functionality of a design.
According to a study by D. A. Aschauer, [3] there is a positive and statistically significant correlation between investment in infrastructure and economic performance. . Furthermore, the infrastructure investment not only increases the quality of life, but, based on the time series evidence for the post-World War II period in the United States, infrastructure also has positive impact on both ...