W11_Afra_Blog Posting Learning Curve
1. Problem
Recognition
We are already
in week 10 in PMP preparation course; this period is at the end of the course
duration. From the beginning until now only blog posting task that have a real
and constant target every week. When we make planning time duration (BCWS) 9 weeks
ago, we just use our feeling without any formula or technique. This time I’ll evaluate
our blog posting learning curve to predict our next hour spends. It will be on
the track or not (between early and late BCWS) also helps in rebase line our
target.
Figure
1: PMP OPWP team Blog
Posting Productivity
Figure 1 above
shows the productivity in blog posting project for our team, the variables (M1,
M2, …etc.) indicates each member in the team.
A learning
curve is a concept that graphically depicts the relationship between cost and
output over a defined period of time. Besides, it is a process where people
develop a skill by learning from their mistakes. A steep learning curve
involves learning very quickly.
2.
Feasible alternatives
They are two
learning curve methods that can be adopted. Those two methods are:
1.
The Unit Linear Learning Curves (ULC)
2.
The Cumulative Average Linear Learning Curve
(CUMAV)
The mail objective of this blog is to analyses
the blog posting in last 9 weeks to predict the blog posting productivity for coming
three weeks, it also helps to get some picture of our learning curve in blog
posting.
3. Development of the
outcome of Alternative
This blog will use
methodology to compare two learning curves formula Unit Linear Learning Curves (ULC)
and Cumulative Average Linear Learning Curve (CUMAV) to know which one is more
appropriate with our behavior blog posting productivity. Regression analysis
will be used as comparison rating index of both learning curve formulas ULC and
CUMAV.
4.
Selection Criteria
There are three criteria of the best alternative in this method,
there are:
1. The learning rate (s) < 100%, the lower the better.
2. Coefficient Determination (R²) the higher the better.
3. Learning Curve Exponent (n) < 1, the lower the better.
The chosen alternative should have learning curve fits most of
the criteria.
5.
Analysis and
comparison of the Alternative
In this
case study, I have 13 data samples (team productivity for blog posting for each
member in the team, and we are 13). First step is to find the made lot unit to
determine Lot Mid-Point (LMP). The algebraic Lot Mid-Point is defined as the theoretical
unit whose cost is equal to the average unit cost for that long in the learning
curve. LMP formula is below:
Equation
1: LMP formula
After
identifying the LMP I should determine Average Unit Hour (AUH) of each Lot by
dividing the total actual hours spending per lot by the lot size. The equation by
default is exponential, will be easier and fit with regression analysis method to
transfer it to Logarithm Equation as below:
Equation
2: Logarithm Equation
(Learning curve formula)
The
historical data of blog posting actual hour are in the table below, this data
will be used later on for transformation from exponential to Logarithm Equation:
Table
1: Blog Posting
Historical Data
All
calculations are in the table below will be used for regression analysis:
Table 2: Regression Analysis Calculation
Next step is to find the values of R2 and S for both ULC
and CUMAV by using the formula below:
Equation
3: Learning Curve Formula
Table
3 below shows these values (R2 and S):
Table
3: ULC and CUMAV
Comparison Result
After we get the equation of both method ULC and CUMAV, we can
predict of the rest blog posting hour spending, using assumption that the team
will produce 13 blogs each week so prediction table result is below:
Table
4: Blog Posting Hour
Projection
6.
Selection of the
preferred Alternative
The comparison results above shows
that The Unit Linear Learning Curves (ULC) Method is considered to be the
favorable method to apply, rather than Cumulative Average Linear Learning Curve
(CUMAV) Method using Heuristic LMP (Lot Midpoint) since its R² has shown higher
rate than the CUMAV. The ULC’s R² value of 0.189 explain that the equation for
estimating purpose is best fits with the data being analyzed. While the value
of s = 0.725 represented the learning rate of our Team in Blog Writing Project.
7.
Performance Monitoring
and the Post Evaluation of result
Using
appropriate Learning curve method of our team (ULC) can give us a projection of
our rest blog writing project especially when we want to rebase line our BACS.
It is projection can guide us to plot our new BACS and maintain our CPI on the
track. We can do the same evaluation for the other project in couple of weeks,
when it already enough data, because the other project target not start in the
beginning of preparation course.
References:
1.
Planning Planet. (2017).
Acquiring Man Power For The Project. Retrieved from http://www.planningplanet.com/guild/gpccar/acquiring-manpower-for-the-project
2.
Staff, I. (2018). Learning
Curve. Investopedia. Retrieved 7 January 2018, from https://www.investopedia.com/terms/l/learning-curve.asp
3.
Learning Curves Chapter
Learning Curve Analysis Developed as a tool to estimate the recurring costs in
a production process – recurring. - ppt download. (2018). Slideplayer.com.
Retrieved 7 January 2018, from http://slideplayer.com/slide/7261227/
WONDERFUL Afra!!!! I loved your case study and you not only followed our 7 step process perfectly but you did a great job on your learning curve analysis.
ReplyDeleteAs you are almost guaranteed to see a question on your PMI exams about "Learning Curves" your posting here went a long way towards helping you prepare for your PMP (or GPC or AACE) exams as well.
Keep up the good work and looking forward to seeing more blog postings like this in the remaining weeks!!
BR,
Dr. PDG, Jakarta