Right-Sizing the Front-end Loading Process
In this episode, the hosts discuss the importance of right-sizing the front-end loading (FEL) process for projects of varying sizes. They emphasize that a one-size-fits-all approach does not work in project management, particularly when comparing small and large projects. The conversation covers the nuances of engineering requirements, cost implications, and the critical need for a disciplined process to ensure project success. The hosts share insights on the risks of skipping steps in the FEL process and the importance of tailoring the approach to fit the specific needs of each project.
Takeaways
- One size does not fit all in project management.
- Smaller projects require more detailed engineering.
- Mistakes in small projects can be very costly.
- The FEL process should be tailored to project size.
- Engineering costs are typically higher for small projects.
- Follow a disciplined process to safeguard project success.
- Don't skip any steps in the FEL process.
- The front-end discipline pays back significantly over time.
- Smaller projects have less room for error than larger ones.
- FEL is about readiness for the next project step.
Keywords
project management, front-end loading, engineering, small projects, large projects, cost management, project success, FEL process, construction, project planning
Contact Us and Send any suggestions to: podcast@bpmpsolutions.com
www.beyondthecapex.com | www.bpmpsolutions.com