Friday, February 3, 2006
Assessing ROI on Process Improvement - James E. (Jim) Pederson
Abstract
Process Optimization is not an end in itself but exists within the larger goal of supporting business objectives. The CMMI model provides a framework for planning and assessing the impact of process, yet definitively determining the economic impact of process and technology improvement activity and general infrastructure is inherently difficult for a wide variety of reasons. This presentation deals with problems related to forecasting and validating ROI on organizational investments in process and provides some practical solutions for evaluating the economic worth of process initiatives.
Your Presenter: James E. (Jim) Pederson is a Boeing Associate Technical Fellow in systems engineering. He works principally with tools, processes, metrics, and data analysis and leads Systems Engineering tool development and integration at the Huntington Beach facility. He is project leader for company funded improvement initiatives relating to data integration and process automation. Previously he managed Systems Engineering on the C-17 program for several years and also teaches part time at the University of California Irvine.
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Logistics
Location:Northrop Grumman E2 Presentation Center (in tall building off of Entrance 2), Redondo Beach, CA (formerly TRW) - 2299 Marine Ave., Redondo Beach, CA 90278
Directions: Take the 405 Inglewood exit (southbound it's the exit after Rosecrans East, northbound it's the exit just after Hawthorne) and go north on Inglewood Avenue (southbound, turn left at the end of the ramp, northbound, turn right). Turn left at Marine. Go west under the freeway past the railroad tracks and Redondo Beach Avenue to Entrance 2 at Mettler Drive. Turn left into the parking lot . E2 is the tall building to your right. (See page 733 A5 of the Thomas Brothers Guide.)
Time: 9 a.m. – 12:00 noon
Admission: Free
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