Galorath Vision of Parametrics Over The Next 20 Years (Published 2004)

We have seen great strides in the acceptance of parametric modeling such as SEER over the past 5 years.  I published the following vision in a keynote address, originally in 2004.  And much of this has come to pass by 2009. It has been a privilege to work with a myriad of organizations in seeing SEER parametrics become part of  their standard processes and saving significant costs.    Drop me an email if you would like details of how this has progressed.

• Parametrics integrated into engineering processes and engineering decision making
  • e.g. Cost derived from simulation models of that system
• Parametrics used throughout Industry & Government
  • Parametrics will lose its “magic” reputation
  • Improved processes will yield better data
    • Augmentation of parametrics with more viewable data will increase believability among engineers and management
  • The nay-sayers who say they can make parametric models say anything they want will be replaced with belief
• More dynamic parametrics based on both historical and real time data
• Parametric models will be available to use as “objects” in financial and engineering analysis

Related posts:

1. Bottoms Up Parametrics And Ever Increasing Details Our SEER for Manufacturing (formally SEER-DFM) and now abbreviated SEER-MFG, uses what we call bottoms up parametrics.. Bottoms up parametrics...
2. Pioneers of Parametrics (MIT) Paper Available Interesting (at least to people like me) paper on the “Pioneers of Parametrics” By Ricardo Valerdi of MIT.  Kind fo...
3. The Future of Software Analysis Measurement Webinar Featuring Bill Curtis, David Herron and Dan Galorath We have some exciting events coming up this month with the first: The Future of Software Analysis and Measurement on...
4. Thanks To Karen McRitchie, VP Development For 20 Years of Service I had the privilege today to publically thank Karen McRitchie for 20 years of service with Galorath. Karen, VP of...
5. Frank Freiman: Early Parametric Modeler Passes Away I heard today that Frank Freiman, one of the very early parametric modelers passed away.  Our prayers go out to...

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One Response to “Galorath Vision of Parametrics Over The Next 20 Years (Published 2004)”

1. Improving Earned Value With Statistics : Project Planning & Estimation on September 22nd, 2009 1:16 pm

   [...] Parametric Progress analysis solves the same problems by looking at EVM type data and parametrics in [...]

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