About this Presentation
The standard CCPM approach makes assumptions that do not hold good in high scope uncertainty project environments like Research &Development. If used, instead of solving problems, it often aggravates the situation. The only way to solve these problems is redefine the objective of multi-project R&D environment. It is not about meeting original due dates. It is about reducing lead time of projects, while increasing the output. With this new objective the problems that can be solved in planning and execution can be redefined. The new solution becomes much simpler that the original CCPM solution. Vector has been implementing the new modified CCPM for R&D environments with 100% success rate in last one decade. Learn more about the new repeatedly validated solution from Vector Consulting Group. Also learn what mistakes to avoid.
What Will You Learn
To help you get the most value from this session, we’ve highlighted a few key points. These takeaways capture the main ideas and practical insights from the presentation, making it easier for you to review, reflect, and apply what you’ve learned.
The speaker identifies a key issue in implementing CCPM in R&D projects, where projects frequently fall into the 'red' zone, indicating delays. This often leads to a vicious cycle of multitasking and further delays.
The speaker suggests that the original objectives of CCPM, which focus heavily on planning and scheduling, may not be suitable for R&D environments due to their inherent scope variability. Instead, the speaker proposes a shift in focus from planning to execution.
The speaker provides actionable recommendations, such as stopping the use of fever charts and color codes for buffer status understanding in project reviews, using a token system for task priorities, moving problem-solving to the execution phase, and improving predictability over time.
Instructor(s)
Satyashri Mohanty
Mr. Satyashri Mohanty is a founding director of Vector Consulting Group. A proud alumnus of NIT Rourkela, and Xavier Institute of Management, he has a rich experience of more than 22 years in the industry and as a consultant. Known for his passion for solving wicked problems in project management, operations and supply chain, Mr. Mohanty has worked with various clients helping them continually invent and implement pathbreaking solutions for chronic industry issues. He has also co-authored the management novel, “Apparent in Hindsight”, which delves into the why and how of implementing Theory Of Constraints in manufacturing operations.
Ms Alka Wadhwa
Alka Wadhwa is an experienced consultant and process improvement expert with over 24 years of expertise in the Theory of Constraints (TOC), Lean Six Sigma, and organizational performance optimization. She has successfully led projects in healthcare, financial services, and manufacturing, driving significant improvements such as a 67% boost in hospital operations and a 140% increase in outpatient visits.
Previously, Alka Wadhwa spent 17+ years at GE Global Research Center, where she led initiatives to enhance various GE businesses through advanced technologies, process redesign, and system optimization. Founder of Better Solutions Consulting, LLC, she specializes in using TOC, Six Sigma, and data analytics to streamline operations and build high-performance teams.
Her work has earned her multiple accolades, including the Empire State Award of Excellence in healthcare.
Dr Gary Wadhwa
Dr. Gary Wadhwa is a Board Certified Oral & Maxillofacial Surgeon with extensive experience in the field. He completed his Oral & Maxillofacial Surgery training at Montefiore Hospital, Albert Einstein College of Medicine in Bronx, NY, and has served as an Attending at prestigious institutions like St. Peters Hospitals, Ellis Hospital, and Beth Israel Hospital in NY. With a career spanning over two decades, he was the former CEO and President of a group specialty practice in NY from 1994 to 2015. Dr. Wadhwa holds an MBA from UT at Knoxville, TN, and has undergone additional training in System Dynamics at MIT, Health System Management at Harvard Business School, and Entrepreneurship and healthcare innovations at Columbia Business School. Committed to expanding access to Oral & Maxillofacial Surgery care, he is currently engaged in a meaningful project to provide healthcare services to underserved populations in inner city and rural areas through non-profit Community Health Centers.