"Success, itself, rests on effective project management, so it's hard to understand why more businesses don't do a better job of it," pondered Mark Woeppel, President and CEO of Pinnacle Strategies. Companies have a habit of dealing with the fallout of project management disasters after they happen, rather than identifying and implementing a workable solution before problems arise.
Poor engineering project processes invariably result in late placement of purchase orders, affecting product delivery; late award of installation contracts, affecting service dates as well as construction cost overruns to catch up. Too often these impacts cause a compromise in scope or features promised and a delay in the delivery of project.
The most common approach used when dealing with project completion uncertainty is adding safety time into each of the task duration estimates during the planning phase. Often so much time is added to individual tasks that "safety time" comprises the majority of the planned project duration. Fixing the project task estimation strategy is not enough.
RABIT process, a proprietary system by Pinnacle Strategies, addresses these entrenched problems and solves them with a strategy known as Critical Chain Project Management. RABIT is an acronym for Rapid Analysis and Bottleneck Improvement Team. When project deadlines are falling like dominoes and problems are multiplying manufacturers need a RABIT. When systemic problems remain unaddressed, every deadline is in constant jeopardy. Each failure to deliver a project as promised, impacts the bottom-line;
The immediate effects of the RABIT process improve the performance of a bottleneck area, to reduce or eliminate work backlog, and sustain the improved throughput levels. The long-term effect of the RABIT process produces a paradigm shift in team behavior...a permanent change for the better that propels the team towards improved productivity and the company towards profitability.
The RABIT process was developed from years of practical experience in critical chain project management and consistently produces dramatic increases in process output. Unlike most process improvement methodologies which include metrics and promise little, Woeppel promises 20% more output in two months.
Pinnacle Strategies (www.pinnacle-
Annette Hamilton, Director of Marketing