Difference between revisions of "Metrics"

From Value Network
Jump to: navigation, search
 
(4 intermediate revisions by 2 users not shown)
Line 3: Line 3:
 
Please help us transfer the content from the doc to this wiki. Freeze the doc after you're done.
 
Please help us transfer the content from the doc to this wiki. Freeze the doc after you're done.
  
This document presents different metrics systems used within an open and decentralized value network. In order to quantify value for reference and accounting, it is necessary to make justifiable measurements about an item or event along one or more axes of mutually agreed and mathematically consistent meaning.
+
This document presents different metrics systems used within an open and decentralized [[value network]]. In order to quantify value for reference and accounting, it is necessary to make justifiable measurements about an item or event along one or more axes of mutually agreed and mathematically consistent meaning.
 
----
 
----
 +
=Tangibles=
  
===Time===
+
==Time==
Enters as duration of an activity, but also as a coordinate, i.e. how far in the past the activity was performed. The time coordinate is taken into consideration in many metrics. It is related to seniority, regularity of contributions, amount of risk (if the contribution is made at the beginning of a project or towards the end)...
+
  
===Space===
+
Enters as '''duration''' of an activity, but also as a '''coordinate''', i.e. how far in the past the activity was performed for example. The time coordinate is taken into consideration in many other metrics. It is related to seniority, regularity of contributions, amount of risk (if the contribution is made at the beginning of a project or towards the end)...
Can be physical, like a lab, a warehouse, a store, or virtual, like a website, a forum, etc. Basically, it is a context of location for value creation which gives further meaning to other contributions.
+
  
===Volume===
+
===Evaluating Time===
A measure of quantity, like basic ideas of size, number of items,  
+
The contribution log contains descriptions of activities performed by members. The duration of time, type of activities involved (see back office catalog), importance, priority, project within for which these activities are performed, etc. are indicators of impact on a project.
 +
 +
We agree that time evaluation must also rely on the deliverable.
  
===Culture===
 
An experimental area for defining positive impact in the sense of community and belonging as a result of peer production ventures.
 
  
===Environment===
+
==Space==
Measurement of "external" input/output/impact in areas like raw materials, byproducts, ecosystem health,
+
Can be physical (the SENSORICA Montreal lab for example, a warehouse, a store), or virtual (a website, a forum, etc).
 +
Enters as place for activities and as [[contributions]].
  
===Individual===
+
===Evaluating contributions with space===
An important and broad collection of measurements for the nature of personal contributions to a process or product. May include elements of skill/talent assessment (accreditation, personal reputation), intensity and focus of activities (a cofactor of the value of time invested), use of personal equipment or facilities, intellectual capital and much more.
+
There are two types of spaces: virtual and physical.
 +
Distinction between contributions to the pool of shareables or commons and merely giving temporary or conditional access.
 +
 +
more to come...
  
Reputation tells how value is created by individual members and can reference to commitment, ethics, etc.
 
  
===Satisfaction===
+
==Quantity==
A kind of feedback or reputation system where recipients of value may respond with a subjective evaluation of their relative satisfaction based on comparison between expectations and actuality or other factors like integrity of communication, follow-up service/support relationship, community impacts, etc.
+
Basic ideas of size, number of items, scale, magnitude, volume, number of tokens (monetary currency) ... In the NRP these translate into units.  
  
===Material===
+
===Evaluating financial contributions===
A tangible object used in activities, a tool, an equipment, a part (something that goes into a product), a consumable...
+
Distinction between temporary financial [[contributions]] - loans (the member asks for money back), and investment or permanent contributions.  
See discussion about use of material. We agree that the material is evaluated based on its use value in a particular project. Also, distinction between contributions to the pool of shareables and merely sharing...
+
  
===Financial===
 
  
Distinction between temporary financial contributions - the member asks for money back, like a loan, and permanent contributions, which are treated as investment.
+
==Material==
Evaluating contributions with space
+
Is a tangible physical object used in activities, a tool, equipment, a part (something that goes into a product), a consumable...  
  
Distinction between contributions to the pool of shareables or commons and merely giving temporary or conditional access.
 
  
===Social===
+
==Evaluating material contributions==
 +
We agree that material [[contributions]] are evaluated based on the use or utility (traditionally called use value) in a particular project. Also, distinction between contributions to the [[pool of shareables]] or [[commons]] and merely giving temporary or conditional access.
 +
 +
more to come...
 +
 
 +
 
 +
==Value==
 +
[[Value]] tells us how much affiliates are moved into action by something. The metrics is about evaluating contributions (how important they are for network affiliates in a specific context/[[project]]). See also the [[Value System]].
 +
 
 +
=Intangibles=
 +
 
 +
==Social Capital==
 +
 
 +
===Evaluating contributions involving social capital===
 +
Types of such contributions: access to a market, customer’s base, access to resources, access to other networks that have valuable resources to exchange, legal protection, ...
 +
 
 +
 
 +
==Stability==
 +
Probability of value retention over time - things like durability, reusability, fragility, reproducability, context-specificity, of a product or service.
 +
 
 +
==Culture==
 +
An experimental area for defining positive impact in the sense of community and belonging as a result of peer production ventures.
 +
 
 +
==Environment==
 +
Measurement of "external" input/output/impact in areas like raw materials, byproducts, ecosystem health,
 +
 
 +
==Individual==
 +
An important and broad collection of measurements for the nature of personal contributions to a process or product. May include elements of skill/talent assessment (accreditation, qualification (role), personal reputation), intensity and focus of activities (a cofactor of the value of time invested), use of personal equipment or facilities, intellectual capital and much more. Reputation tells how value is created by individual members and can reference to commitment, ethics, etc.
 +
 
 +
===Reputation ===
 +
Reputation tells ''how activity is performed'' by individual members and can refer to commitment, ethics, etc. 
 +
The metrics helps evaluate reputation, which is multidimensional!
 +
 +
See PieTrust on this. 
 +
 
 +
See more on the [[Reputation system]]
 +
 
 +
===Role===
 +
Role tells ''who does what'' within the value network.
 +
Roles are emergent patterns of activity extracted from the activity log, perhaps a project/task management tool integrated within the infrastructure.
 +
The metrics must help distinguish a role as a clear pattern.
 +
 
 +
See more on the [[Role System]]
  
Types of such contributions: access to a market, customer’s base, access to resources, access to other networks that have valuable resources to exchange, legal protection
+
==Satisfaction==
 +
A kind of feedback system or collective reputation where recipients of value may respond with a subjective evaluation of their relative satisfaction based on comparison between expectations and actuality or other factors like integrity of communication, follow-up service/support relationship, community impacts, etc.
  
Role
+
==Social==
  
Role tells who does what within the value network.
+
Providing access to a market or customer base and other special privileges or network effects that add value to a business proposition. May include legal affordances and protections, or simple extension of trust/reputation to create new relationships and opportunities.
Roles are emergent patterns of activity extracted from the activity log, perhaps a project/task management tool integrated within the infrastructure. .
+
The metrics must help distinguish a role as a clear pattern.
+
  
Activity
+
==Activity==
  
This tells how viable the value network is.
+
This tells how viable the [[value network]] is. The metrics helps quantify how motivated, energetic, committed, and genuine are members and lends to reputation of the whole.
The metrics helps quantify how motivated, energetic, ... are members.
+
  
===Synergy===
+
==Synergy==
  
 
Measure of how projects influence each others. Work for one project can also advance another project. Resources created within one project are used in another project.
 
Measure of how projects influence each others. Work for one project can also advance another project. Resources created within one project are used in another project.

Latest revision as of 03:33, July 4, 2017

Open the original doc.

Please help us transfer the content from the doc to this wiki. Freeze the doc after you're done.

This document presents different metrics systems used within an open and decentralized value network. In order to quantify value for reference and accounting, it is necessary to make justifiable measurements about an item or event along one or more axes of mutually agreed and mathematically consistent meaning.


Tangibles

Time

Enters as duration of an activity, but also as a coordinate, i.e. how far in the past the activity was performed for example. The time coordinate is taken into consideration in many other metrics. It is related to seniority, regularity of contributions, amount of risk (if the contribution is made at the beginning of a project or towards the end)...

Evaluating Time

The contribution log contains descriptions of activities performed by members. The duration of time, type of activities involved (see back office catalog), importance, priority, project within for which these activities are performed, etc. are indicators of impact on a project.

We agree that time evaluation must also rely on the deliverable.


Space

Can be physical (the SENSORICA Montreal lab for example, a warehouse, a store), or virtual (a website, a forum, etc). Enters as place for activities and as contributions.

Evaluating contributions with space

There are two types of spaces: virtual and physical. Distinction between contributions to the pool of shareables or commons and merely giving temporary or conditional access.

more to come...


Quantity

Basic ideas of size, number of items, scale, magnitude, volume, number of tokens (monetary currency) ... In the NRP these translate into units.

Evaluating financial contributions

Distinction between temporary financial contributions - loans (the member asks for money back), and investment or permanent contributions.


Material

Is a tangible physical object used in activities, a tool, equipment, a part (something that goes into a product), a consumable...


Evaluating material contributions

We agree that material contributions are evaluated based on the use or utility (traditionally called use value) in a particular project. Also, distinction between contributions to the pool of shareables or commons and merely giving temporary or conditional access.

more to come...


Value

Value tells us how much affiliates are moved into action by something. The metrics is about evaluating contributions (how important they are for network affiliates in a specific context/project). See also the Value System.

Intangibles

Social Capital

Evaluating contributions involving social capital

Types of such contributions: access to a market, customer’s base, access to resources, access to other networks that have valuable resources to exchange, legal protection, ...


Stability

Probability of value retention over time - things like durability, reusability, fragility, reproducability, context-specificity, of a product or service.

Culture

An experimental area for defining positive impact in the sense of community and belonging as a result of peer production ventures.

Environment

Measurement of "external" input/output/impact in areas like raw materials, byproducts, ecosystem health,

Individual

An important and broad collection of measurements for the nature of personal contributions to a process or product. May include elements of skill/talent assessment (accreditation, qualification (role), personal reputation), intensity and focus of activities (a cofactor of the value of time invested), use of personal equipment or facilities, intellectual capital and much more. Reputation tells how value is created by individual members and can reference to commitment, ethics, etc.

Reputation

Reputation tells how activity is performed by individual members and can refer to commitment, ethics, etc. The metrics helps evaluate reputation, which is multidimensional!

See PieTrust on this.

See more on the Reputation system

Role

Role tells who does what within the value network. Roles are emergent patterns of activity extracted from the activity log, perhaps a project/task management tool integrated within the infrastructure. The metrics must help distinguish a role as a clear pattern.

See more on the Role System

Satisfaction

A kind of feedback system or collective reputation where recipients of value may respond with a subjective evaluation of their relative satisfaction based on comparison between expectations and actuality or other factors like integrity of communication, follow-up service/support relationship, community impacts, etc.

Social

Providing access to a market or customer base and other special privileges or network effects that add value to a business proposition. May include legal affordances and protections, or simple extension of trust/reputation to create new relationships and opportunities.

Activity

This tells how viable the value network is. The metrics helps quantify how motivated, energetic, committed, and genuine are members and lends to reputation of the whole.

Synergy

Measure of how projects influence each others. Work for one project can also advance another project. Resources created within one project are used in another project.