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8/22/2019 Mr. Prabhakar Venugopal, CEO, Realization Technologies India Pvt. Ltd. - Realization Can We Do
1/17
2012 Realization Technologies, Inc. All Rights Reserved.
CAN WE DO PROJECTS 20% TO 50%FASTER ?
BHASKAR RANJAN DAS
MAY 2013
8/22/2019 Mr. Prabhakar Venugopal, CEO, Realization Technologies India Pvt. Ltd. - Realization Can We Do
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2012 Realization Technologies, Inc. All Rights Reserved.
TYPICAL SYMPTOMS
Incomplete drawings
Delayed ordering
Delayed approvals
Rework at different stages
Resources inadequate
Civil work gets delayed
Finger pointing
Firefighting
More coordination meetings
Commissioning drags on for long time
Late discoveries (last-minute surprises)
No visibility of end-date
8/22/2019 Mr. Prabhakar Venugopal, CEO, Realization Technologies India Pvt. Ltd. - Realization Can We Do
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2012 Realization Technologies, Inc. All Rights Reserved.
3
CHALLENGES IN PROJECTS ARE WELL KNOWN
Unviable tenders submitted by bidders
Design delays Approvals & Clearances from authorities
Below par design and engineering skills
Land acquisition delays
Shortage of skilled and semi-skilled workforce
Unreliable material and equipment suppliers
Lack of dispute resolution processes
Shortage of project managers
Risk of unknowns
. Unavoidable circumstances
8/22/2019 Mr. Prabhakar Venugopal, CEO, Realization Technologies India Pvt. Ltd. - Realization Can We Do
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2012 Realization Technologies, Inc. All Rights Reserved.
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PROJECT STRUCTURE
Task in execution
PMAccounts QC Finance
Contracts
Approvals
Site
Technical Consultants
Drawings
Masons
Carpenters
WeldersFabricators
FittersPipingDraftsmen
Engineers
SCM
Electricians
Operators
HRPurchase
8/22/2019 Mr. Prabhakar Venugopal, CEO, Realization Technologies India Pvt. Ltd. - Realization Can We Do
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2012 Realization Technologies, Inc. All Rights Reserved.
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MULTITASKING MULTIPLIES & AMPLIFIES
WITHIN AND ACROSS THE PROJECT
Engg. Purch Civil
Equipt.
Install
Engg. Purch Civil
Install
Work Pkg 1
Work Pkg 2
Management andSupport
Engineering Purchase
Engineering
Management and Support
Engineering Purchase Civil
Installation
Engineering Purchase Civil
Installation
Long waiting at
integration point
8/22/2019 Mr. Prabhakar Venugopal, CEO, Realization Technologies India Pvt. Ltd. - Realization Can We Do
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2012 Realization Technologies, Inc. All Rights Reserved.
WHY FIXED-DATE SCHEDULES DONT WORK
10d10d 10d
PLAN
10+/-310+/-3
REALITY
When to start:
DAY 15 or 27?
Department 1
Day 0 Day 3
Day 3 Day 6
Day 6 Day 9
Day 9 Day 12
Department 2
Day 0 Day 3
Day 3 Day 6
Day 6 Day 9
Day 9 Day 12
Department 3
Day 3 Day 6
Day 6 Day 12
Day 12 Day 15
Day 15 Day 18
Department 4
Day 18 Day 21
Day 21 Day 24
Day 24 Day 27
Day 27 Day 30
Department 5
Day 18 Day 21
Day 21 Day 24
Day 24 Day 27
Day 27 Day 30
Upstream priority conflicts
Fr
equent interruptions
Downstream priority conflictsFrequent switching
8/22/2019 Mr. Prabhakar Venugopal, CEO, Realization Technologies India Pvt. Ltd. - Realization Can We Do
7/17 2012 Realization Technologies, Inc. All Rights Reserved.
MANAGEMENT IS NOW PULLED IN TO MANAGE
THESE SCHEDULES
Instead of tackling critical issues, management
capacity is wasted in : Fire-fighting or expediting all issues which arise
Managing schedules
Co-ordination meetings
8/22/2019 Mr. Prabhakar Venugopal, CEO, Realization Technologies India Pvt. Ltd. - Realization Can We Do
8/17 2012 Realization Technologies, Inc. All Rights Reserved.
NET IMPACT: TIME AND CAPACITY LOSS
Work
Total Time/ Effort
Waiting for engineers (busy on other tasks) Waiting for supervisors & leads (busy solving other issues)
Waiting for right materials
Waiting for engineering, QC
Waiting for approval, paperwork
Start-stops due to priority changes
Not everything is complete for assembly
Rework, late finds & discovery of missing items as per order
2010 Reali zation Technologies, Inc. All Rights Reserved. 8
(WAITING)
Natural Loss
8/22/2019 Mr. Prabhakar Venugopal, CEO, Realization Technologies India Pvt. Ltd. - Realization Can We Do
9/17 2012 Realization Technologies, Inc. All Rights Reserved.
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BUFFERING
Current plan has these inefficiencies built in them
Actual execution is even longer
Buffer
New Plan: Inefficiencies are minimized and project level buffer is added
Buffer
Buffers are consumed in execution
8/22/2019 Mr. Prabhakar Venugopal, CEO, Realization Technologies India Pvt. Ltd. - Realization Can We Do
10/17 2012 Realization Technologies, Inc. All Rights Reserved.
SINGLE PRIORITY SYSTEM
Task 1
Task 2
Project Completion = 50%
Buffer Consumption = 40%
Priority Index = 0.4/0.5 = 80%
Project Completion = 33%
Buffer Consumption = 50%
Priority Index = 0.5/0.33 = 150%
1
2
555 5 5 5 15
5 5 5 555 15
8/22/2019 Mr. Prabhakar Venugopal, CEO, Realization Technologies India Pvt. Ltd. - Realization Can We Do
11/17 2012 Realization Technologies, Inc. All Rights Reserved.
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TASK LIST WITH PRIORITIES
Users will only have access to their own tasks
8/22/2019 Mr. Prabhakar Venugopal, CEO, Realization Technologies India Pvt. Ltd. - Realization Can We Do
12/17 2012 Realization Technologies, Inc. All Rights Reserved.
TREND CHART OF PROJECT END MILESTONE
Review progress of individual project / milestone in execution
8/22/2019 Mr. Prabhakar Venugopal, CEO, Realization Technologies India Pvt. Ltd. - Realization Can We Do
13/17 2012 Realization Technologies, Inc. All Rights Reserved.
PORTFOLIO STATUSReview progress of all projects in execution
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8/22/2019 Mr. Prabhakar Venugopal, CEO, Realization Technologies India Pvt. Ltd. - Realization Can We Do
14/17 2012 Realization Technologies, Inc. All Rights Reserved.
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FULLKITTING FOR PROJECTS
B D F
A C E
Planned Just-In-Time delivery dates
B D F
A CE
Planned Full Kitting delivery dates
Late
discoveryReaction Time
Early
discovery
Reaction Time
Late Project
On Time!
8/22/2019 Mr. Prabhakar Venugopal, CEO, Realization Technologies India Pvt. Ltd. - Realization Can We Do
15/17 2012 Realization Technologies, Inc. All Rights Reserved.
REAL-TIME SYNCHRONIZATION EMERGING STANDARD
Boeing, P&G, Delta Air Lines, HP, Medtronic, NASA, ABB, Skoda,ThyssenKrupp, BHP Billiton, US Air Force, US Navy, Vale
Indian companies include L&T, Vardhman Group, Trident Group,
Bihar Urban Infrastructure Corporation (15 projects), TATA Steel,
Nakoda, DRL, Pride Hotels & VIBGYOR Schools
Project portfolio managed: Rs. 10,000 Crores
Projects faster by 20-50%
20-30% more work with same resources
2005 Shingo Gold
2006 USAF Chief of Staff Team Excellence Award
2006 Franz Edelman Award (Nobel prize of operations research)
250 ORGANIZATIONS
$4+B IMPACT
INDUSTRY AWARDS
16
8/22/2019 Mr. Prabhakar Venugopal, CEO, Realization Technologies India Pvt. Ltd. - Realization Can We Do
16/17 2012 Realization Technologies, Inc. All Rights Reserved.
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Technical
Consultants
Vendors
Contractors
CEO
Customer
PM
Customer
Project Team
Realization
PM
Realization
Implementers
Finance/ Legal
Operations
HR
Materials &
Contracts
REALIZATION OFFERING - PROJECT EXECUTION OFFICE
LEGEND:
THIRD PARTIES
CUSTOMER
REALIZATION
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8/22/2019 Mr. Prabhakar Venugopal, CEO, Realization Technologies India Pvt. Ltd. - Realization Can We Do
17/17 2012 Realization Technologies Inc All Rights Reserved
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THANK YOU