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Consulting BusinessConsulting BusinessStart-up EvaluationStart-up EvaluationProgress Report #2Progress Report #2
EMMP Capstone Project
Central Team
03/04/2003
03-04-2003
Agenda:Agenda:
Work CompletedProject Tools CreatedProject Control ToolsProject Activities Attention AreasSummaryNext Steps
03-04-2003
Project Definition: Evaluate the start up of an
engineering consulting business focusing on
manufacturing improvements.
Deliverables include case study and business
start-up analysisLimited to 700 team work hoursLimited to $100 in expenses
Work Completed:Work Completed:(Project Proposal from Report #1)(Project Proposal from Report #1)
03-04-2003
Project Definition: Evaluate the start up of an
engineering consulting business focusing on
manufacturing improvements.
Change Notice 3 – Redefine the time and schedule for the Business Start-up Analysis. Time and Schedule change from 51.25 days to 59.5 days. New completion date is planned for 5/16/03.
Work Completed:Work Completed:(Current Project Proposal)(Current Project Proposal)
03-04-2003
Due to Change Notice 3, business case outline and schedule changed:
Work Completed:Work Completed:(Schedule)(Schedule)
ID Task Name Duration Start Finish
11 Project Proposal 12 days Mon 10/28/02 Tue 11/12/02
26 Case Study 82 days Wed 11/06/02 Tue 02/25/03
44 Business Start-up Analysis 59.51 days Sat 02/22/03 Fri 05/16/03
45 1. Executive Summary 2.5 days Sat 02/22/03 Wed 02/26/03
46 Business Concept Objectives 3 hrs Sat 02/22/03 Sat 02/22/03
47 Mission 3 hrs Tue 02/25/03 Tue 02/25/03
48 Keys to Success 3 hrs Tue 02/25/03 Wed 02/26/03
49 2. Company Summary 1.5 days Thu 02/27/03 Sat 03/01/03
50 Company Ownership 1 hr Thu 02/27/03 Thu 02/27/03
51 Start-up Summary 4 hrs Thu 02/27/03 Thu 02/27/03
52 Company Locations and Facilities 3 hrs Fri 02/28/03 Fri 02/28/03
53 Future Services (optional) 5 hrs Fri 02/28/03 Sat 03/01/03
54 3. Products & Services 5 days Fri 02/28/03 Fri 03/07/03
55 Service Description 5 hrs Fri 02/28/03 Tue 03/04/03
56 Competitive comparison 10 hrs Tue 03/04/03 Thu 03/06/03
57 Technology 5 hrs Thu 03/06/03 Fri 03/07/03
58 4. Market Analysis 12 days Fri 03/07/03 Tue 03/25/03
59 The overall market 15 hrs Fri 03/07/03 Wed 03/12/03
60 Market segments 6 hrs Wed 03/12/03 Thu 03/13/03
61 Target market and customers 10 hrs Thu 03/13/03 Sat 03/15/03
62 Competitive Analysis 6.5 days Sat 03/15/03 Tue 03/25/03
1
10/27 11/03 11/10November
03-04-2003
Project Control Tools:Project Control Tools:
Project Hours Spreadsheet(process owner - Jim Heimler)
MRCT - Master Revision Control Tracker(process owner - Tron Melzl) MRCT will be terminated by 3/04/2003. Project documents revision will be control on the team’s web page.
Change Notice Process (process owner - Tony Sciortino)
Schedule Update ProcessBudgetWeb Page - http://my.execpc.com/~tmelzl/
(process owner – Alex Sender)
03-04-2003
Budget– A $100 budget was set up at the
beginning of the project for incidentals.
– No budget forecast.– No spending to date.
Project Control Tools Created:Project Control Tools Created:
03-04-2003
Project Activities To Date:Project Activities To Date:(Case Study)(Case Study)
As of Progress Report #1:– Chose, Researched, Analyzed, and
Summarized Business Continuous Improvement Methodologies.
• Summary• II. Processes• III. Deliverables • IV. Tools• V. Ease of Implementation and
Sustainability in any Manufacturing Setting• VI. Miscellaneous
03-04-2003
Project Activities To Date:Project Activities To Date:(Case Study)(Case Study)
Continuing Case Study Work:– Established Research Conclusions
• Identification of Core Continuous Improvement Methodologies (Lean Mfg. and Six Sigma)
• All other methodologies should be considered as:
– offshoot of “founding fathers”– a tool to assist with Lean Mfg. and Six Sigma
programs• During research, realized ironic shift in Mfg. Sector
towards Lean and Six Sigma as “Lean Six Sigma.”
03-04-2003
Project Activities To Date:Project Activities To Date:(Case Study)(Case Study)
Continuing Case Study Work:– Further Research Conclusions:
• Lean and Six Sigma are complimentary but there are still more opportunities.
• Led towards two additional research questions:
– How can a company be certain that they are solving the right problem?
– How could a company achieve extraordinary results with Lean or Six Sigma without an additional method to streamline creativity and innovation?
03-04-2003
Project Activities To Date:Project Activities To Date:(Case Study)(Case Study)
Continuing Case Study Work:– Development of AAR SIMPLE
Methodology.• Best practices of Lean and Six Sigma.• Integrated TRIZ (Theory of Inventive
Problem Solving)• Focus on
– solving the correct problem (root cause identification methods)
– creative and innovative solutions
03-04-2003
Project Activities To Date:Project Activities To Date:(Case Study)(Case Study)
Continuing Case Study Work:– Completed Case Study Deliverables
• Detailed AAR SIMPLE Methodology– A full detail of the origins/development of the
AAR SIMPLE Methodology– Introduction to SIMPLE Solutions and a detail
of consulting Service Plans and Options– 8 step process flow detail with process outline
and frequently used tools– Terms glossary– Bibliography
03-04-2003
Project Activities To Date:Project Activities To Date:(Business Start-Up Analysis)(Business Start-Up Analysis)
Business Plan Outline for SIMPLE Solutions Limited Liability Company Completed
Company Start-up Summary Completed– Company start-up cost equal $26,925– Company Ownership
• Each individual will be entitled to 20% of the company and will be equally responsible for the company ownership.
– Company location, Downtown Milwaukee, WI
03-04-2003
Project Activities To Date:Project Activities To Date:(Business Start-Up Analysis)(Business Start-Up Analysis)
Company Product and Service Outline Reviewed.– Service Plan #1
SIMPLE Solutions will follow the AAR SIMPLE methodology through the Assess, Analyze, Redefine and Study steps. The resulting deliverables from Service Plan 1 are:
• clear definition of the problem• full understanding of the “Critical to Quality” output factors (CTQ-Y’s)• project Solutions Document
At the conclusion of Service Plan 1, the customer has an option of continuing with SIMPLE Solutions to the next service plan.
03-04-2003
Project Activities To Date:Project Activities To Date:(Business Start-Up Analysis)(Business Start-Up Analysis)
– Service Plan #2Service Plan 2 is a continuation of the AAR SIMPLE methodology through the Investigate and Minimize steps. The resulting deliverables from Service Plan 2 are:
• extensive statistical and experimental data analysis• a full understanding of the input factors (X’s) and relative importance
of each• root casue(s) identified
At this stage in the project, however, SIMPLE Solutions offers two different service plan options for the customer.
Option 1: SIMPLE Solutions representatives will complete all required activities in the Investigate and Minimize steps. Deliverables are outlined above.Option 2: SIMPLE Solutions representatives will facilitate and train customer resources to complete all required activities in the Investigateand Minimize steps. Deliverables are outlined above.
At the conclusion of Service Plan 2, the customer has an option ofcontinuing with SIMPLE Solutions to the next service plan.
03-04-2003
Project Activities To Date:Project Activities To Date:(Business Start-Up Analysis)(Business Start-Up Analysis)
– Service Plan #3Service Plan 3 is a continuation of the AAR SIMPLE methodology through the Perform and Lasting Effects steps. The resulting deliverables from Service Plan 3 are:
• completion of the Implementation Plan• project performance review• a control plan for lasting effects.
At this stage in the project, SIMPLE Solutions offers the same two service plan options for the customer as outlined in Service Plan 2.
Option 1: SIMPLE Solutions representatives will complete all required activities of the Investigate and Minimize steps. Deliverables are outlined above.Option 2: SIMPLE Solutions representatives will facilitate and train customer resources to complete all required activities in the Investigate and Minimize steps. Deliverables are outlined above.
Future Services– Seminars, Additional Consulting,etc.
03-04-2003
Project Activities To Date:Project Activities To Date:(Business Start-Up Analysis)(Business Start-Up Analysis)
Market Analysis– Overall Market
• Geographic Area• Market Size• Market Segmentation• Company w/in Specific Industry
Potential $ To Go After
03-04-2003
Project Activities To Date:Project Activities To Date:(Business Start-Up Analysis)(Business Start-Up Analysis)
Market Analysis– Competitive Analysis
• Major Competitors• Strengths & Weaknesses• Threats & Risks• Our Differences
Potential Customers
03-04-2003
Attention Areas:Attention Areas:
Barriers To Overcome– Issues
• UWM requirements– Deliverables for final presentation
• Schedule– Close watch items, see if any further changes
required to deliver on time.
03-04-2003
Summary:Summary:
Time, Cost, Deliverables
PROJECT OBJECTIVES BUDGET ACTUAL DIFFERENCE ACTIONS
Time (hours) 337 304 -33Better discipline on recording hours
Completion Date 02/19/2003 02/25/2003 - 5 daysSplit into two teams 1/27/03 to address this concern
Cost $100 0 $100 none req'dCase Study Complete CompletedBuisness
case started Started
Performance to Plan
03-04-2003
Next Steps:Next Steps:
Completed Case Study Phase on 2/25/03– Create real life example– Work on final presentation
Began Business Start Up on 2/3/03– Continue progress on market analysis
and rest of deliverables
Progress Report #3 scheduled 4/10/03.
03-04-2003
Questions:Questions: