TOC3 Australia

 

Get a high percentage of your projects back on track - fast

help when you need itRecent research shows that up to 50% of an organisations projects are at risk at any given time. The most prevalent problem being meeting project timelines. Up to 25% of these companies do not have a standardised process to respond when projects begin to get into trouble. With so much at stake having projects fail can have dire consequences. Early detection and intervention is required in order to avoid the substantial losses associated with project failure.

Common characteristics of problem projects

  • Project is consistently behind schedule
  • Milestones and deliverables not met
  • Resources not dedicated to the project when required
  • Unresolved technical issues/complications
  • Project plans are frequently revised/changed

Our recovery methodology requires the implementation of the Theory of Constraints solution for projects: Critical Chain Project Management (CCPM) into your organisation.

How to rescue your projects:

  1. Implement Critical Chain Project Management
  2. Identify Problem Projects: apply triage to your project portfolio to identify candidates for possible intervention
    1. Projects beyond rescue are identified and allowed to run their course or are terminated (using your commercial criteria)
    2. Projects that are healthy require little or no intervention but are embeded with standardised protection processes
    3. Projects that are at risk are identified and ranked in order of commercial and/or strategic benefit
  3. Project Recovery and Turnaround: We work with your PMO/Project Leaders to develop and apply individual project recovery plans built on standardised recovery processes
  4. Monitor and Respond: Closely monitor project performance daily, or as appropriate (applying corrective and preventive risk minimisation actions) to protect the Critical Chain project timeline.
  5. Ongoing Continuous Improvement: Capture and document lessons learned for future projects

We work closely with your team at every stage ensuring that the knowledge and practice is transferred for ongoing success. Your problem projects are back on track and typically ahead of original schedule.

Case Study: Custom Home Builder, New Zealand

4X3 bedroom homes being built simultaneously. Average industry lead time 110 - 115 days. At the start of the project each home was more than 50% completed. Results for these homes are below. The next generation of homes achieved average completion times of 73 days with potential for 60 days. 

  • Home 1 was 7 weeks behind at final stages of completion - Rescued to being 2 weeks late
  • Home 2 was 5 weeks behind and likely to remain that way - Rescued 2 days late after promised completion 
  • Home 3 was 2 weeks behind - Rescued 1 week ahead of promised completion
  • Home 4 was 3 weeks behind - Rescued 3 days ahead of promised completion

In all cases no extra money spent.

Contact us now to discuss how we can help you quickly get your projects back on track and keep them on track.  

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Exepron

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Exepron is a unique multi-project Critical Chain Project Management Software solution with embedded real time intelligence to plan, schedule and execute projects.
Exepron answers the 7 most critical questions of project management in real time.
Contact us to find out how.

NEWS

Throughput Accounting Global MeasuresThroughput Accounting lifts profit performance by enabling better management decisions based on 3 key monetary me...
What is Throughput Accounting?The Theory of Constraints Throughput Accounting primarily focuses on increasing Throughput rather than cutting costs to ...
The Problem with ProjectsThe problem with projects is that all projects have problems. Some are more severe than others. When 4 out of 5 projects are ...
 Get a high percentage of your projects back on track - fastRecent research shows that up to 50% of an organisations projects are at risk at any ...
Leadership - Authority to actTo achieve results in under 3 months it is imperative that the project sponsor has the authority to keep the project on t...
1. PROBLEM DEFINITION: Understand Environment and agree on Core Problem to solve (2 - 5 days)We understand your environment - site audit We get to mee...
Independent research shows that conventional (and we mean the main stream methods) do not consistently deliver projects on time, to budget or sco...
TO COME - Viable VisionTurning your Top Line into your Bottom Line within 4 years - Guaranteed!...
How to have crystal clear, rapid and effective thinking and communication where everyone is on the same side with almost instant positve bot...
What to do to maximise profits when the Market is your constraint?When production goes faster than sales orders and you are left with idle/underutilis...

In a nutshell

Training and education in Theory of Contraints to get you off to a flying startThe majority of our clients choose us to help rapidly transform their business performance and get results that...
No matter how you measure it, be it:more profitabilitymore cashshorter lead timesless inventorygreater capacityprojects delivered on time to budget and specless stress for everyone andmore t...
“We have to wait a while before we can say we are making more throughput but I can say we are making the same as before but so much more easily”. Terry, Finance Director, Best Bar Rein...
 We have a number of The Goal 3rd Edition in stock in Sydney at $45.00 each plus postage.PDF Review of the GoalTo order your copy now Contact Us   ...
\"That’s truly amazing” Commenting on >75% reduction of WIP in less than 3 weeks and total elimination of back orders. Grant Johnston: Managing Director, Best Bar Reinforcements, Me...
At TOC3 we believe in win/win Theory of Constraints partnerships and alliances.  We look for and build lasting relationships built on trust, mutual respect and a common drive to de...
A key component of our mission is to make lives better for everyone.We refuse to work with companies that use the solutions to cut costs by reducing the workforce. It\'s a bad sign, creating ...
“I would not be in business today if it were not for TOC, some of my competitors crashed during this recent bitter recession. What’s more we are doing very well.David Leach, Owner, Loo...
We are very excited about the breakthroughs and opportunities we are providing to our clients. Where it all started....Dr Eliyahu Goldratt published The Goal in 1984 and with that launched ...
With our support your team will quickly learn how to leverage your new system to maximise profits generating the following range of business improvement outcomes:Increase Throughpu...

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