Consulting BusinessConsulting BusinessStart-up EvaluationStart-up EvaluationProgress Report #2Progress Report #2

EMMP Capstone Project

Central Team

03/04/2003

03-04-2003

Agenda:Agenda:

Work CompletedProject Tools CreatedProject Control ToolsProject Activities Attention AreasSummaryNext Steps

03-04-2003

Project Definition: Evaluate the start up of an

engineering consulting business focusing on

manufacturing improvements.

Deliverables include case study and business

start-up analysisLimited to 700 team work hoursLimited to $100 in expenses

Work Completed:Work Completed:(Project Proposal from Report #1)(Project Proposal from Report #1)

03-04-2003

Project Definition: Evaluate the start up of an

engineering consulting business focusing on

manufacturing improvements.

Change Notice 3 – Redefine the time and schedule for the Business Start-up Analysis. Time and Schedule change from 51.25 days to 59.5 days. New completion date is planned for 5/16/03.

Work Completed:Work Completed:(Current Project Proposal)(Current Project Proposal)

03-04-2003

Due to Change Notice 3, business case outline and schedule changed:

Work Completed:Work Completed:(Schedule)(Schedule)

ID Task Name Duration Start Finish

11 Project Proposal 12 days Mon 10/28/02 Tue 11/12/02

26 Case Study 82 days Wed 11/06/02 Tue 02/25/03

44 Business Start-up Analysis 59.51 days Sat 02/22/03 Fri 05/16/03

45 1. Executive Summary 2.5 days Sat 02/22/03 Wed 02/26/03

46 Business Concept Objectives 3 hrs Sat 02/22/03 Sat 02/22/03

47 Mission 3 hrs Tue 02/25/03 Tue 02/25/03

48 Keys to Success 3 hrs Tue 02/25/03 Wed 02/26/03

49 2. Company Summary 1.5 days Thu 02/27/03 Sat 03/01/03

50 Company Ownership 1 hr Thu 02/27/03 Thu 02/27/03

51 Start-up Summary 4 hrs Thu 02/27/03 Thu 02/27/03

52 Company Locations and Facilities 3 hrs Fri 02/28/03 Fri 02/28/03

53 Future Services (optional) 5 hrs Fri 02/28/03 Sat 03/01/03

54 3. Products & Services 5 days Fri 02/28/03 Fri 03/07/03

55 Service Description 5 hrs Fri 02/28/03 Tue 03/04/03

56 Competitive comparison 10 hrs Tue 03/04/03 Thu 03/06/03

57 Technology 5 hrs Thu 03/06/03 Fri 03/07/03

58 4. Market Analysis 12 days Fri 03/07/03 Tue 03/25/03

59 The overall market 15 hrs Fri 03/07/03 Wed 03/12/03

60 Market segments 6 hrs Wed 03/12/03 Thu 03/13/03

61 Target market and customers 10 hrs Thu 03/13/03 Sat 03/15/03

62 Competitive Analysis 6.5 days Sat 03/15/03 Tue 03/25/03

1

10/27 11/03 11/10November

03-04-2003

Project Control Tools:Project Control Tools:

Project Hours Spreadsheet(process owner - Jim Heimler)

MRCT - Master Revision Control Tracker(process owner - Tron Melzl) MRCT will be terminated by 3/04/2003. Project documents revision will be control on the team’s web page.

Change Notice Process (process owner - Tony Sciortino)

Schedule Update ProcessBudgetWeb Page - http://my.execpc.com/~tmelzl/

(process owner – Alex Sender)

03-04-2003

Budget– A $100 budget was set up at the

beginning of the project for incidentals.

– No budget forecast.– No spending to date.

Project Control Tools Created:Project Control Tools Created:

03-04-2003

Project Activities To Date:Project Activities To Date:(Case Study)(Case Study)

As of Progress Report #1:– Chose, Researched, Analyzed, and

Summarized Business Continuous Improvement Methodologies.

• Summary• II. Processes• III. Deliverables • IV. Tools• V. Ease of Implementation and

Sustainability in any Manufacturing Setting• VI. Miscellaneous

03-04-2003

Project Activities To Date:Project Activities To Date:(Case Study)(Case Study)

Continuing Case Study Work:– Established Research Conclusions

• Identification of Core Continuous Improvement Methodologies (Lean Mfg. and Six Sigma)

• All other methodologies should be considered as:

– offshoot of “founding fathers”– a tool to assist with Lean Mfg. and Six Sigma

programs• During research, realized ironic shift in Mfg. Sector

towards Lean and Six Sigma as “Lean Six Sigma.”

03-04-2003

Project Activities To Date:Project Activities To Date:(Case Study)(Case Study)

Continuing Case Study Work:– Further Research Conclusions:

• Lean and Six Sigma are complimentary but there are still more opportunities.

• Led towards two additional research questions:

– How can a company be certain that they are solving the right problem?

– How could a company achieve extraordinary results with Lean or Six Sigma without an additional method to streamline creativity and innovation?

03-04-2003

Project Activities To Date:Project Activities To Date:(Case Study)(Case Study)

Continuing Case Study Work:– Development of AAR SIMPLE

Methodology.• Best practices of Lean and Six Sigma.• Integrated TRIZ (Theory of Inventive

Problem Solving)• Focus on

– solving the correct problem (root cause identification methods)

– creative and innovative solutions

03-04-2003

Project Activities To Date:Project Activities To Date:(Case Study)(Case Study)

Continuing Case Study Work:– Completed Case Study Deliverables

• Detailed AAR SIMPLE Methodology– A full detail of the origins/development of the

AAR SIMPLE Methodology– Introduction to SIMPLE Solutions and a detail

of consulting Service Plans and Options– 8 step process flow detail with process outline

and frequently used tools– Terms glossary– Bibliography

03-04-2003

Project Activities To Date:Project Activities To Date:(Business Start-Up Analysis)(Business Start-Up Analysis)

Business Plan Outline for SIMPLE Solutions Limited Liability Company Completed

Company Start-up Summary Completed– Company start-up cost equal $26,925– Company Ownership

• Each individual will be entitled to 20% of the company and will be equally responsible for the company ownership.

– Company location, Downtown Milwaukee, WI

03-04-2003

Project Activities To Date:Project Activities To Date:(Business Start-Up Analysis)(Business Start-Up Analysis)

Company Product and Service Outline Reviewed.– Service Plan #1

SIMPLE Solutions will follow the AAR SIMPLE methodology through the Assess, Analyze, Redefine and Study steps. The resulting deliverables from Service Plan 1 are:

• clear definition of the problem• full understanding of the “Critical to Quality” output factors (CTQ-Y’s)• project Solutions Document

At the conclusion of Service Plan 1, the customer has an option of continuing with SIMPLE Solutions to the next service plan.

03-04-2003

Project Activities To Date:Project Activities To Date:(Business Start-Up Analysis)(Business Start-Up Analysis)

– Service Plan #2Service Plan 2 is a continuation of the AAR SIMPLE methodology through the Investigate and Minimize steps. The resulting deliverables from Service Plan 2 are:

• extensive statistical and experimental data analysis• a full understanding of the input factors (X’s) and relative importance

of each• root casue(s) identified

At this stage in the project, however, SIMPLE Solutions offers two different service plan options for the customer.

Option 1: SIMPLE Solutions representatives will complete all required activities in the Investigate and Minimize steps. Deliverables are outlined above.Option 2: SIMPLE Solutions representatives will facilitate and train customer resources to complete all required activities in the Investigateand Minimize steps. Deliverables are outlined above.

At the conclusion of Service Plan 2, the customer has an option ofcontinuing with SIMPLE Solutions to the next service plan.

03-04-2003

Project Activities To Date:Project Activities To Date:(Business Start-Up Analysis)(Business Start-Up Analysis)

– Service Plan #3Service Plan 3 is a continuation of the AAR SIMPLE methodology through the Perform and Lasting Effects steps. The resulting deliverables from Service Plan 3 are:

• completion of the Implementation Plan• project performance review• a control plan for lasting effects.

  At this stage in the project, SIMPLE Solutions offers the same two service plan options for the customer as outlined in Service Plan 2.

  Option 1: SIMPLE Solutions representatives will complete all required activities of the Investigate and Minimize steps. Deliverables are outlined above.Option 2: SIMPLE Solutions representatives will facilitate and train customer resources to complete all required activities in the Investigate and Minimize steps. Deliverables are outlined above.

Future Services– Seminars, Additional Consulting,etc.

03-04-2003

Project Activities To Date:Project Activities To Date:(Business Start-Up Analysis)(Business Start-Up Analysis)

Market Analysis– Overall Market

• Geographic Area• Market Size• Market Segmentation• Company w/in Specific Industry

Potential $ To Go After

03-04-2003

Project Activities To Date:Project Activities To Date:(Business Start-Up Analysis)(Business Start-Up Analysis)

Market Analysis– Competitive Analysis

• Major Competitors• Strengths & Weaknesses• Threats & Risks• Our Differences

Potential Customers

03-04-2003

Attention Areas:Attention Areas:

Barriers To Overcome– Issues

• UWM requirements– Deliverables for final presentation

• Schedule– Close watch items, see if any further changes

required to deliver on time.

03-04-2003

Summary:Summary:

Time, Cost, Deliverables

PROJECT OBJECTIVES BUDGET ACTUAL DIFFERENCE ACTIONS

Time (hours) 337 304 -33Better discipline on recording hours

Completion Date 02/19/2003 02/25/2003 - 5 daysSplit into two teams 1/27/03 to address this concern

Cost $100 0 $100 none req'dCase Study Complete CompletedBuisness

case started Started

Performance to Plan

03-04-2003

Next Steps:Next Steps:

Completed Case Study Phase on 2/25/03– Create real life example– Work on final presentation

Began Business Start Up on 2/3/03– Continue progress on market analysis

and rest of deliverables

Progress Report #3 scheduled 4/10/03.

03-04-2003

Questions:Questions: