Strategy Improve technology and plant equipment to produce products more efficiently

Program Area 1: Plant Equipment Products

Program Goal: To generate new product ideas for internal improvements to plant efficiency

New Product Idea 1-Design and build new plant mobile vehicle

New Product Idea 2-Design and build new plant communication system

New Product Idea 3-Design and build new plant production information system to allow customers to participate in designing new products and new production systems to deliver them

New Product Idea 4-Design and build new cost model for reviewing production costs

New Product Idea 5-Design and build new robotic hot metal conveyer system

Each idea was then developed into a concept paper that was circulated within the plant staff, marketing, and sales for initial responses. Each concept was analyzed for strategic alignment, financial performance, and risk by small work groups, and developed by a new product team through the process defined later in this book. No program management office was there to guide the process as it would likely be today. Later on we will describe the analytic process through which new products were reviewed for alignment, financial performance, and risk, and how they were translated into projects with schedules, resources, and teams.

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

Get My Free Ebook

Post a comment