Chemical Manufacturer De-Bottlenecks Product Development Pipeline
A chemical manufacturer experienced bottlenecks in their product development process. Projects were stuck in development and engineering resources spread thin.
ProjectLead developed a customized portfolio management workbook in Excel that enabled senior management to analyze where projects were getting stuck in the pipeline.
ProjectLead assisted the client in creating a new corporate Project Management Office (PMO) that centralized portfolio management responsibilities.
ProjectLead quarterbacked a software selection process that resulted in the implementation of a new project, resource and portfolio management software package which introduced extensive visibility and control into the entire Product Development process.
RESULTS
Eliminated Projects
Non-profitable projects were eliminated, freeing up resources
Realigned Resources
Engineering resources were focused on new product development
Quicker Time-to-Market
Visibility led to faster commercialization times
Comments