Related Experiment Videos
Productivity in the '90s. Up and running
1Project Systems Inc., Mercer Island, WA.
The Journal of Business Strategy
|April 8, 1993
Summary
Minimize construction delays and costs by implementing functional programming, process-oriented teams, and strategic planning for new facilities. This approach ensures projects stay on schedule and within budget, maintaining a competitive edge.
Area of Science:
- Construction Management
- Project Management
- Industrial Engineering
Background:
- Facility construction projects frequently encounter delays, leading to increased costs and reduced competitive advantage.
- A building's obsolescence before completion diminishes its intended value and return on investment.
Purpose of the Study:
- To outline strategies for mitigating delays in new facility construction.
- To demonstrate how specific methodologies can optimize project timelines and budget adherence.
Main Methods:
- Utilizing functional programming principles for enhanced process efficiency.
- Implementing process-oriented teams to streamline workflow and communication.
- Applying robust project planning techniques for proactive risk management.
Main Results:
- Projects adhering to these methods experience significant reductions in delays.
- Improved budget control and cost-efficiency are achieved through systematic implementation.
- Enhanced team collaboration and streamlined processes contribute to on-time completion.
Conclusions:
- Functional programming, process-oriented teams, and meticulous planning are critical for successful facility construction.
- Adopting these integrated strategies ensures projects are completed on time and within budget.
- This approach safeguards a company's competitive edge by delivering modern, functional facilities efficiently.