Key Project Elements
- Organizational Structure
- Robustness of Departmental initiatives
- Clear Roles and Responsibilities
- Life Cycle process definition
- Budget and Forecasts Goals
Objective
A Global Development Center for a large Medical Device Company with several NPI initiatives wanted to develop a long-term Resource Model for managing scalable resources needed to accomplish their initiatives in a cost-effective approach.
Resources and Departments involved:
Project Managers | Manufacturing Engineers | Quality Engineering | Launch Managers | Supply Chain Managers | Financial Coordinators | Quality Inspectors
Solution
- RCM deployed an onsite team to work together with the leadership within several verticals of the Clients’ environment to better understand their goals and objectives.
- RCM’s expert advice created a Resource Model as the avenue to install specific skill sets at crucial phases of the projects.
- The Resource Model provided the ability to withdraw resources when not being utilized.
- The Resource Model also provided a means to reinstate those resources, as required, during the project life cycle.
Benefits
- The Resource Model is more cost effective and more predictable when working with and forecasting budgets, short and long term.
- Appropriate resources are provided at the critical phases of the product’s life cycle.
- Development Center has the necessary tool and support for developing new product initiatives across all projects.
- Development Center can scale up or down when critical resources and expertise are needed.
- Result: Budgets are being met and forecasts are made with greater accuracy.