Taking a cue from the software sector, with the transition from a static, waterfall methodology to solving issues and concerns, the manufacturing sector is now taking a long hard look at agile project management methodologies to correct deficiencies in current project design and implementation. Ever since the 2008 Great Recession, manufacturers have been looking for ways to maximize productivity and efficiency without having to undergo strategic restructuring or completely changing their internal structure. The goal is to maintain forward momentum in the different markets, while being flexible and agile enough to react and eventually stimulate the market.
In order to accomplish this, many companies are turning to the agile project management methodology. Agile project methodology is approaching the project, through each phase with a “best in task” outlook while allowing each phase to proceed, even if the previous phase is not one hundred percent complete. In a real sense, this allows future phases to adapt to changes and modifications, as a phase is proceeding and the one prior and thus is able to anticipate problems and concerns and therefore rectify them before they become inadvertently part of the project plan. Not only does this save money, but is has the benefit of being efficient to the point of allowing the project to proceed quicker and more effectively than waiting on one phase to finish before moving to the next.
There are different specific programs created to implement agile project management, it is incumbent on the individual company to find the one with the correct fit. Sometimes, extra training is required or outside consulting is necessary but the effect after training completion is an agile and productive methodology that is cost effective and efficient and can easily react to problems before they are institutionalized.
All companies, regardless of size or business can benefit to transitioning to an agile project approach. For companies providing industrial solutions, the agile method allows the company to stay ahead of market demands and shifts and allows the company to anticipate concerns well in advance. As the agile project methodology reaches full implementation, the company can actually stimulate the market instead of reacting to any ups and downs encountered in said market. This makes the company as a whole, agile and efficient and when combined with other industrial solutions and techniques, such as just in time demand response, the company as a whole experiences a generous success.