Oxford, England. April 29, 2014 -- The PLMIG announces that the PLM Financial Framework has developed a Metrics Algorithm that makes it possible to quantify the qualitative elements of PLM, and to capture the results for use in PLM project and capital expenditure submissions.

 

The surprising thing is that this Metrics Algorithm can be drawn on a single sheet of A4 or US Letter paper. This is made possible because of the precise context in which the Algorithm is applied.

 

The Metrics Algorithm is precise because it is positioned as part of a 4-stage Proposal and Reporting methodology, within a well-specified technical, planning and management context.

 

The whole methodology has now been published in the Version 1.0 PLM Financial Handbook [Lite]. At 72 pages, the Handbook provides the comprehensive 'superstructure' that the Metrics Algorithm needs.

 

More information is available on the PLMIG web site, or via Email Contact.

 

The PLM Interest Group
The PLM Interest Group is the leading neutral industry group for PLM. It has developed the first ever PLM Governance Standard, together with a new generation of applied PLM material including the PLM Best Practice Library and the Path to PLM. Previously PLMIG workshop series have produced the PLM Benchmarking Handbook; the PLM Maturity Reference Manual; and the PLMuERP Handbook.

For more information, please contact:
Roger Tempest
PLMIG