Archive for July, 2013

How To Measure Anything

How To Measure Anything

 

Intangible value and Enterprise Architecture are two kindred topics. Accountants would have us believe that if you can’t value something it has no value. Which is kind of hypercritical when you consider that the biggest number on a balance sheet is usually depreciation and that’s a guess! Anyway if you find yourself in the predicament of having to assess the value of the seemingly unknowable¬† then this book might just be the help you need.

There’s nothing radical in this book, you have probably seen it all before. But here it is all thoughtfully put together in a single volume with some telling questions, that need to be asked before you start measuring and topped off with a bit of method. I do like a good method.

The book consists of four sections Measurement, Before You Measure, Measurement Methods and Beyond the Basics which contain fourteen chapters in about 260 pages. The topics cover the purpose and meaning of measurement, the amount of measuring you should do, the type of measuring, risk, Monte Carlo simulation through to information  economics.

I’m by no means an expert in this field, but then neither is the average architect. So I’d suggest that while this technically isn’t an architecture book it does cover a relevant and often tricky topic and so is a useful addition to the arsenal. Particularly if you get into one of those what’s the value of architecture bun fights.

Hubbard, Douglas W. 2007, How To Measure Anything Finding the Value of Intangibles in Business, John Wiley  & Sons Inc, Hoboken, New Jersey

ISBN: 978-0-470-11012-6

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