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A significant proportion of the gains from smart technology are delivered by using the connectivity of the new technology to surface and deliver opportunities to improve management processes. In some cases it can also be the trigger to change the business model to access new markets and added value.
That is changing how investment projects are justified and how projects are managed. This is an approach which engages stakeholders with decisions about design, performance management, risk management, and life cycle cost management. An approach that also delivers streamlined project delivery, risk reduction and the foundations to achieve flawless operations from day one.
That is changing how investment projects are justified, how returns on investment are generated and how projects are managed. This is an approach which engages stakeholders with decisions about design, project delivery, risk management and the generation of additional project added value.
An approach that also delivers streamlined project delivery, risk reduction and the foundations to achieve flawless operations from day one.
Finding Additional Project Value
For example additional value was identified by a project team when working on an investment in installing a high speed packaging line to increase capacity. The move required a change from batch processing of raw materials to continuous blending.
During the project the focus on adding new project value identified opportunities to optimise this new process improving material yield and consistency of product quality. In an industry sector where material cost is around 50% of manufactured cost, the impact on project life cycle cost was significant.
In another example an investment in automation of Pre/Post production when purging a bottling line delivered gains when compared to the previous approach which diverted cleaning fluid on a timer but it wasn’t always accurate.
The automation project gains included
- An annual 700k gallons improvement in material yield
- Reduced waste water to drain
- Improved animal feed/biogas (Water and product)
- Increased Production capacity
Although the above gains paid for the installation costs, the connectivity gains achieved by linking up the physical and digital worlds also released new opportunities including:
- Improved material coordination due to accurately forecast when lines would be available for use.
- Improved feedback on actions to reduce cleaning times whilst maintaining hygiene standards
- Improved consistency of animal/biogas feedstock with corresponding higher returns.
Empowering Project Stakeholders
These are examples of how Adaptive Project Management answers questions such as:
- What unique new value could this technology create that otherwise would not be possible?
- How could this technology enhance our organisation’s operational excellence?
- How will we engage our people with using this technology to develop safer, more productive and effective work routines?
Those questions engage and empower users with decisions about design, performance management, risk management, and life cycle cost management. Outcomes include streamlined project delivery, risk reduction and the foundations to achieve flawless operations from day one.
That typically involves investing in both project manager and project team training, which is not just a smart decision—but essential for long-term success with delivering gains from advanced technology.
Something that is covered by the 3 day Manufacturing Project Management Course. The course provides project stakeholders in manufacturing organisations with the tools, techniques, and insights needed to successfully manage complex projects from concept to completion. Course content covers the essential aspects of project management, emphasizing collaboration, risk management, and steps to deliver flawless operation from day one.
