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Radical Reduction in Project Cycle Time

Publication No
RR193-11
Type
Academic Document
Publication Date
Jun 01, 2004
Pages
286
Research Team
RT-193
DOCUMENT DETAILS
Abstract
Key Findings
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Abstract
From the automotive industry to process industries and from information technology to e-commerce, today’s business relies on just-in-time capacity enhancements and first-to-market product strategies to gain competitive advantage and increase profit margi
Key Findings

In order to achieve a 25% or more reduction in project cycle time, the four key drivers listed in key finding #1 must be present. Furthermore, the use of CII best practices are also key components and themes present in typical projects where we find this type of radical reduction. The CII best practices most frequently and successfully used in the case studies are:

  • Alignment
  • Material management
  • Pre-project planning
  • Constructability
  • Design Effectiveness

Management and schedule reduction techniques from other industries are also required in conjunction to CII best practices, in order to achieve radical reduction. The top five include: (RR193-11, p. 190)

  • Startup Driven Scheduling
  • Use of Electronic Media
  • Participative Management
  • Construction-driven Schedule
  • Employee Involvement
The Project Manager’s Game Planner can be developed into an extremely effective decision tool. Based on the criteria of the project, the user can build a customized Game Planner for their requirements, which can be seen below:
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