About this Presentation
With the pressure on businesses increasing and the current economic conditions, scenario planning should be part of your decision-making process. It is now more important than ever that you make the right strategic choices securing profitability and throughput. Mapping out scenarios and knowing what could be expected is key to overcome these uncertain times. With the economy impacted majorly we don’t know what our business will look like in half a year's time. We notice companies face similar challenges which can easily be tackled by scenario planning. A few examples of these challenges are: As business is starting to get back up again, we are facing a backlog of project installations that were postponed. Can we handle these internally or should we hire additional capacity from outside? A fair share of our projects has been cancelled due to the current economic conditions. We need to gain a clear view on the impact of this on our current organization and capacity. Could we avoid resizing? We recently experienced a significant increase in projects, more than our most critical resource groups can handle. Are we able to increase capacity by using resources from other departments? If we need to change delivery dates, what alternative dates can be offered? Does any of the above situations sound familiar? Make sure to check in on this session. Ad Vermeulen will talk about scenario planning to optimize your project portfolio and pipeline. He will share best practices from companies who effectively use scenario planning and explain how it helps them become more predictable and cope with uncertainty. Video length: 41:24. PDF: 40 slides.
What Will You Learn
To help you get the most value from this session, we’ve highlighted a few key points. These takeaways capture the main ideas and practical insights from the presentation, making it easier for you to review, reflect, and apply what you’ve learned.
Scenario planning is a crucial tool for optimizing project portfolio and pipeline, including active, ongoing and future projects.
Identifying capacity constraints is the first step in building a sound project pipeline and controlling work in process.
Specialized software is often required when a company adopts the Theory of Constraints (TOC) way of thinking and working.