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2021 - PJM - L - 2 - 1627735738763-Project Management
2021 - PJM - L - 2 - 1627735738763-Project Management
SEM 2021-22
BITS Pilani Dr. ARUN MAITY
Pilani Campus
1.14. PROJECT MANAGEMENT:
MANUFACTURING
• Conceptualization of a Product
• Feasibility Study
• Market Survey: Cost, Product Functionality and
Comparative Manufacturer Reliability
• Cost Estimation
• Technology Assessment
• Product Design and Development: Adaptability,
Maintainability and Reliability
• Financing
• Process Planning
Development process
• Concept Initiation / Approval
• Program Approval
• Prototype
• Pilot
• Launch
Phases of Advanced Product Quality Planning
• Planning
• Product Design and Development
• Process Design and Development
• Product and Process Validation
• Production
• Feedback assessment and corrective actions
• Investment Decisions
• Return on investment
• Time to market
• SWOT analysis
IMPLEMENTATION GAP
– Conflicts frequently occur amongst functional
managers and cause lack of trust
– Frequent meetings are called to establish or re-
negotiate priorities
– People frequently shift from one project to another
– People are working on multiple projects and feel in-
efficient
– Resources are not adequate
• Financial Measures
– Define the allocation split between early stage and late stage
development projects and then prioritize these separately
• These are the relatively easy projects with big returns that the
board wants.
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