We Do: Project Management
We specialise in developing, engineering and manufacturing products for our clients. It is our goal to manage our project performance in such a way that we deliver projects in full and on time.
Despite all the complexities in new product development it is our goal to manage these uncertainties in such a way that innovation and flexibility is not stifled during the process, while the respective budget and due date performance goals are achieved. To help achieve this we have implemented project management systems and software that helps us manage our extensive project portfolio. We also believe in comprehensive communication and understanding between ourselves, as the service providers, and our clients.
Critical Chain Project Management is a project management philosophy, developed by Eliyahu M. Goldratt,that breaks the conflict between scope, budget and time- the conflict that traditional project management has come to accept.
Critical Chain Project Management allows us to manage the uncertainties of individual projects and the project portfolio by focusing on the rate at which projects incur buffer relative to the rate of critical chain completion. This allows us to prioritise projects that are incurring buffer at a higher rate than the completion of the Critical Chain.
The Fever Chart allows a quantifiable indication of the following:
Project progress relative to the agreed due date
Impact of decisions
Impact of internal and external decisions on the progress
Impact of changes
Impact of any changes made to the plan based on lessons learnt
Critical Chain Project Management
The Project Fever Chart is a tool we use to measure the completion and due date performance of a project. This is also the report that we share with our clients in order to give them full transparency on the progress of their projects as well as the impact of gains and/or delays on their projects.
Using these mechanisms, our clients and their project managers can have focused discussions regarding the progress of the project. The daily analysis of this data allows for pro-active management of exceptions in real-time.