One Swiss Franc is currently worth more than one Dollar. The Euro has also significantly weakened vs. the Franc. The Swiss economy is dependent on exports that must now be under threat due to the high price of Swiss goods. If Swiss industry does not find a good solution the strong economy there will suffer greatly. How quickly can Swiss industry react successfully?
4. Don’t Waste the Capacity of your Product Development
Project organisations are not all that different from production. Projects flow through the system and management puts a lot of pressure on resources. A resource standing idle is a major waste is the rule also here.
Similar to production a reduction in the amount of work in process will speed up the flow, make the project environment more reliable and increase capacity through a less chaotic process. So, to not waste your new product development capacity projects must be prioritized (each with a unique priority) and 25 -50% should be stopped (frozen). The frozen projects are reactivated one at a time as the active projects are completed. (Very few project environments have the correct amount of project load in their system – most are overloaded leading to longer lead-times and lost capacity.)
This seems to be detrimental to the frozen projects but experience tells us that not only will the still active projects be finished much sooner, but the frozen ones will also finish earlier than they otherwise would. Many project environments have increased their capacity by 25% and more with this simple step. A few additional steps allow early warning of trouble – which allows operational priorities to be set so that all projects finish on time or the few that are still late are much less late. Look around for explanations about the Critical Chain methodology. Some of the rules are described in the risk-averse articles.
Here are some reading recommendations:
- “Critical Chain” by Eli Goldratt
- “Project Management in the Fast Lane” by Rob newbold
- “Critical Chain Project Management” by Lawrence P/ Leach
- "Critical Chain - Beschleunigen Sie Ihr Projektmanagement" von Uwe Techt und Holger Lörz
<
Technorati Tags: Continual Improvement, Cost, Critical Chain, Goldratt, Little's Law, Project, Project Management, Project Manager, Strategy and Tactics, Theory of Constraints, TOC
/p>
No comments:
Post a Comment