A technique used to experiment with new ideas or concepts at relatively low cost. Prototyping is used to model and create a functional form of a newly redesigned or reengineered component of a value stream. It is utilized to test alternative approaches and to validate that they represent real improvements. The greatest value is to study changes that could be very beneficial if implemented correctly, but could be extremely disruptive to the enterprise if implemented incorrectly.
A technique to estimate all costs associated with performing an enterprise change project or product development activity. Cost estimation can be performed using a bottom-up or top-down approach. When using a bottom-up approach, the costs are calculated on a unit level, then rolled up to the top level. The cycle time, number of people, and co...
Benchmarking determines where the enterprise is in relation to performing activities with "best-of-breed" or world class companies. It measures the performance or the degree of success that has been realized in comparison to other companies for a given activity, value stream, or other factor of interest. These measures then become the basis for analysis and redesign.
A set of techniques, used on a continual basis, that measures performance in terms of customer needs and satisfiers. Quality Measurement is concerned with the perception levels of customers and how to use those measurements in the design of a product or service and/or to track towards the achievement of activity goals.
If Quality was the key word in the industrial scene of 20th century, Sustainability has taken its place in the next century. After witnessing devastating floods, hurricanes and unbelievable climatic changes in almost all parts of the world, everyone has started taking their own survival a bit more seriously now. Science and Technology personnel hav...
The relationship between project manager and business owner (or scrum master and product owner for agile) can be difficult to establish—and easy to damage. To build strong foundations in the relationship and ensure the success of the project, there are a few simple rules to follow that can make a big difference.
Who doesn’t want a reliable, competent and always-alert assistant to help streamline the project? Let’s look at some of the most important benefits that the Internet of Things offers to project management professionals the world over.
What drives project success? Is it a skilled project manager alone? Selecting the right PM is crucial. It is this practitioner's contention that nothing predicates project success as much as the PM’s attitude, which starts with his or her ownership of project goals.
At the bottom line of ethics, there is honesty, which should be part of every transaction, interaction, decision or action that an organization and its employees take. Six steps are proposed to help improve relationships between organizations and their employees, orienting the application of ethics through steps of honesty.
Routine work like cooking hamburgers has nothing to do with providing great project management service…or does it? Can the role of the project manager be replaced by automation? Let’s look at the project life cycle...
