eprintid: 138
rev_number: 4
eprint_status: archive
userid: 5
dir: disk0/00/00/01/38
datestamp: 2008-05-20
lastmod: 2015-05-29 19:48:05
status_changed: 2009-04-08 16:54:44
type: report
metadata_visibility: show
item_issues_count: 0
creators_name: Gardener, Tim
contributors_name: Hadji, Richard
contributors_name: Billingham, John
contributors_name: Hewett, Dave
contributors_name: Jaroszewski, Marcin
contributors_name: Pachon, Ricardo
contributors_name: Szotten, Dave
contributors_name: Wilson, Eddie
title: Managing Product Maturity
ispublished: pub
subjects: aerodef
studygroups: esgi59
companyname: BAE Systems
full_text_status: public
problem_statement: Major defence engineering contracts involve highly innovative product
development. For these products to be managed effectively, BAE Systems
has implemented a novel management system to chart progression through the
product lifecycle, thereby allowing early identification and resolution of problems.
Considering the product hierarchically from the "bottom up", an elaborate
monthly scoring system is in place to measure the progress of component parts.
BAE Systems asked the study group to analyse data gleaned as if from this process
to determine whether past performance is a guide to future progress. This included
understanding the impact of interdependencies and the effect of aggregation up to the product level. BAE Systems also asked for comment on the nature of the
maturity modelling approach currently used and advice on how improvements can
be made, including on how the maturity value is calculated and whether tasks
should be weighted. They also wished to know what relationships exist between
dependent parameters, and how assignment of issues moves between them.
In response, the Study Group analysed the data; they suggested that "value at
risk" models might be useful in this context and considered how incentives might
be designed to encourage accurate reporting.
date: 2007-06-05
date_type: published
pages: 16
citation:   Gardener, Tim  (2007) Managing Product Maturity.  [Study Group Report]     
document_url: http://miis.maths.ox.ac.uk/miis/138/1/productmaturity.pdf