The combination of new projects and an influx of resources create the perfect storm for manufacturing inefficiencies. A project-based manufacturing approach can streamline, automate and accelerate the product value chain process. There is special emphasis on providing control to proactively manage availability of resources, technical and time constraints, prioritization and urgency level of the project.
This white paper asserts that the common thread that must run through all phases of project manufacturing is a Project Portfolio Management (PPM) system. A PPM system will constantly examine resources, supplies and schedules to ensure that every phase of the project's lifecycle is on time and within budget. It interfaces with a myriad of IT systems at every phase of the value chain to ensure up to date information, such as financials and sales pipeline, for proactive control of all projects.
