Project Production Institute

What is project production management? I will try to explain this in a way that even a CEO can understand. Firstly whenever you have a giga sized project (>1 billion), you have three interconnected problems that you need to work on: 1) on-site construction, 2) off-site manufacturing, and 3) supply chain. As the project gets larger and more critical, any weakness in the chain will result in chaos, delays, and lots of time and money loss. Once a project reaches a certain size, you cannot just go to Home Depot to purchase your supplies. Your supply chain becomes critical and sometimes you need to build your own concrete plants to ensure that you have enough concrete for construction. Sometimes you need to set up your own manufacturing facilities to prefabricate critical components. In order to manage the three parts and align them together, we use production system modeling. The model includes the process map, queues, stock, durations, and variability. Once the model is created, we verify the model with reality and adjust it until it is almost a 100% reflection of reality. We use sensors, IOT, and sophisticated tracking devices throughout the supply chain to collect data in real-time and update the model in real-time. At any point in time, the model should reflect the true reality of what is happening for the entire project AKA a true digital twin of the production. Why do we do so much work? We put in all this effort in order to: 1) ensure reliable flow of the work, 2) ensure that we are hitting production targets, 3) develop a production dashboard based on physical realities and not just imagination (see CPM for how creative and imaginative schedule leads nowhere), and 4) create a financial dashboard with projected cashflow and spend based on the production model. So yes, it is a lot of work but the end result is a production plan rooted in reality and not imagination. The model gives insights on where to improve the work, which processes to make fast, which processes to make slower, and how to reduce the Work in Progress (WIP) in the system. This process also looks at the entire project production system. It does not just focus on the construction site. It does not optimize locally. It optimizes globally and creates ONE production strategy for the entire project. So there is a lot to unpack and here are the resources for you to look into this further: 1. Supply Chain - https://lnkd.in/gPMPcMy6 2. Manufacturing - https://lnkd.in/gdG4s6Je 3. Construction -https://lnkd.in/gyKh4C2a 4. Project Production Management - https://lnkd.in/g26FUmZA I hope that this peaked your interest into PPM. I hope that you are starting to see the bigger picture and to see the potential that this level of sophistication can bring to a giga sized project. Factory Physics, Inc. BUILT2 Project Production Institute Strategic Project Solutions, Inc. #leanconstruction