Project Manager's Playbook for Radical Reduction in Project Cycle Time
Today’s businesses rely on just-in-time capacity enhancements and first-to-market product strategies to gain competitive advantage and increase profit margins. This has created an increased demand for a high performance project delivery system that can achieve a dramatic reduction in project delivery time. Global competition and reduced product life cycle ultimately put greater performance requirements on capital project delivery systems.
Despite continuing improvements in delivery cycle time, owners of facilities continue to demand even greater improvements. The growing complexity of facility technologies combined with the current regulatory environment, however, increases the obstacles to significant progress. The competitive nature of business requires that owners make scope changes at the last moment even in the face of shortened cycle times. And yet few decision tools and guidelines exist to assist owners and contractors in helping assess project delivery systems with an aim to reducing capital facility planning and construction time. That now changes with the Project Manager’s Playbook to Radical Reduction in Project Cycle Time.
Project involvement by upper management is one of the most important aspects of successful implementation of a radical reduction in project cycle time. If upper management does not stay engaged with the project, the team will not be properly motivated. Ten successful qualities of a management leader have been identified. They include: (IR193-3, p. 10)
- Must run interference with respect to upper management so that the team can concentrate on work.
- Must operate from a business perspective and not the perspective of any one particular function. In other words, he or she must be in alignment with the needs of the business.
- Must provide resources and answers to the team, so that it can complete the work.
- Must be able to resolve issues and overcome obstacles, keep everyone on course, and work within the existing system (“strength of personality”).
IR193-3, Project Manager’s Playbook for Radical Reduction in Project Cycle Time
Is a reference guide using bulleted items and short passages so that information can be found quickly and put to use.
