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Topic : The Multi-Project Challenge
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Project Management ++

 
Started by : Shekhar Vinayak, QA/QC Manager, i2 Technologies   04 04 2009 08:13:24 +0000
Industry : IT ServicesFunctional Area : Project Management(Technology)
Activity:  141 views;  last activity : 07 06 2010 20:18:09 +0000

A typical problem in new product development (NPD) organizations is that too many projects are launched at a time.So how two Product Development Organizations can improve their Multi-Project Management.

 
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1 2 3 4 5
1 Project classification system
2 Product strategy
3 Proper portfolio management
4 Through Group Programming techneque...
5 Manageriol functionary with finance support
6 reusable and sustainable design methods
7 The resource allocation syndrome
8 By using framework of controllability
9 proper management system
10 project tracker

Project classification system

idea posted by Ajay Kashyap Project Manager, Polaris Software

Two Product Development Organizations can have proper project classification system, so that various needs of the different project types can be identified & considered while doing project.

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by komal maheshwari, student, ITM college  | 04 30 2009 06:43:19 +0000

project classification is must for managing multi-projects

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by komal maheshwari, student, ITM college  | 04 30 2009 06:42:16 +0000

i agree with you Mr ajay

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Product strategy

idea posted by Shekhar Vinayak QA/QC Manager, i2 Technologies

The product strategy of a company should serve as the guideline for planning the right sequence, number, and mix of projects.

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by Amit Khan, AGM, mjunction services ltd  | 05 17 2009 04:07:07 +0000

Product road map should be the driver to decide on the projects and priorities.

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Proper portfolio management

idea posted by Dipen Trivedi Project Manager, 3i Infotech

Proper portfolio management should provide the basis for fund allocation and prioritization between the different types of projects which would help poject manager to allocate task & resources.

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by sandeep s sanaf, Ex Engr , msedcl  | 04 29 2009 17:39:34 +0000

dear i agree with this. The question is while company is lunching the product the profitability should be considered. The product which is having more profit should be given priority and the resources in the hand should be utilised in their percentage of profit margin as all the things are for money making and company survives on the profit only.

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Through Group Programming techneque...

idea posted by Shivendra Pandey Engineering Manager, RIL E&P Petrochemicals
Although sounds like an IT solution to the problem but actually Group Programming is a generic term used for Multi tasking a Job using a team rather than a individual with limited skill set.. Useful in retaining the knowledge base of the company and bringing up new innovative ideas along with tackling Multi role management job.
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Manageriol functionary with finance support

idea posted by Nem Singh Consultant, Consultancy Firm

By performing their skills in the field

By placing their experience in specified field

By organising knowladge workshop with each other team

By taking joint project with the joint brand name

 

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reusable and sustainable design methods

idea posted by milind chitale Design Manager, forefront medical technology

1- avoid reinventing the wheel

2- keep a parametric knowledge base (key in main features to get broader basic design)

3- tighten top-down design and allow bottom up within that envelope

4- establish excellent documentation skills within design department

5- adopt standardized procedures, it may take slightly more time initially, but saves 50% time once implemented

6- enable on-the job googling, dont cut web access to information (forewarn employees they can be checked)

7- regularly hold meetings for review and socializing after office by way of events and sports must be encouraged

8- establish seniority level strat within group, with healthy interaction of lower strata to higher strata, knowledge flows well

9- eliminate egotic and ego centric employees immediately

Resuable:

1- design data must be under umbrella of a PDM

2- ECNs, revisions, and other alterations must be automated not documented later

3- emphasise creation of large and growing library of reusable design data

4- have hughe library or related and unrelated topics to product line, but focusing on technology and developments

5- have buletin board for idea recycling and sharing

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The resource allocation syndrome

idea posted by Sameer Joshi Project Manager, ADP

It is also a big challenge for a project manager to allocate available resources to different project until & unless he know what exactly a individual project required,while handling multi project.

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By using framework of controllability

idea posted by Puneet Maurya Project Lead, Aftek

Framework of controllability combines the Balance scorecard,goal/question/metric approach & participative management.Here framework views control broadly as any kind of goal-directed influence.Which will help to improve multi project management.

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proper management system

idea posted by komal maheshwari student, ITM college

two product development organization can easily improve multi project via a proper management system.

if management system will proper then multiprojects can be handled easily

organization should be:-

1)proper arrangement of team

2)proper management system

3)project classification

4)time management

5)unity between team members

6)quick response

7)giving responsibility to a right person

many ways are here but these are common......what you guys say?????????

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project tracker

idea posted by bala CEO/MD/Director, Consultant

Effective Project Tracker and regular Review Could help

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