Software Measurement Programs are vital as they are used to Plan, implement, monitor and control software processes, products and resources in an organization.The facts and figures show that most of the Measurement Programs fail to provide expected results; therefore it's needed to consider reasons of failures, success factors and best practices. To serve the purpose state of the art measurement program models, frameworks, standards and tools are discussed. Analysis of available research is used to construct a framework that can be used as a tool to implement successful measurement programs. The framework is also validated in CMMI certified company with help of a case study.