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...or the current rapidly changing business environment. Within this context, it has become increasingly important for companies with vast product portfolio ... a relatively new field outside the automotive and aircraft industry where it initially evolved, there is a growing interest in the development process o

The type of the article is "Explanation and illustration of a method" and it should follow the following structure: ...ed the history about this project management tool and the methodology that it follows.

The article has been defined and it should follow the following structure. ...etail, a chronology about this project management tool and the fields that it is used. In addition to that, the theory that this tool is based on will be

... on time without wasting precious and limited resources. On the other hand it’s an important tool to prevent in advance future situations and to prompt ...erve the dependencies of the various activities but it's complicate to use it for projects that have a large amount of activities and links. An important

...ls/groups that will have an affect on a project, and how to win them over. It is used to identify all key stakeholders and analyze their needs. .../ref> published in 1984, ''Strategic Management: A Stakeholder Approach''. It was a landmark of a book and since then there has been many books and artic

...uring processes since Taiichi Ohno developed the Toyota Production System, it has been applied to more than just production. Lean nowadays is applied thr ...described by looking at Lawrence Leach’s “8 Principles for Success”. It incorporates the standards of the PMI while giving guidance on where to foc

As it was mentioned above the requirement of a renewable, optimized portfolio yea In general, LEGO has a matrix organization profile as it is illustrated in Figure 1.

...help to conduct business processes into more efficient and effective ways. It comprehends all parts of the organization: the overall Portfolio management The Six Sigma concept has a shorter history. It was stablished in 80’s as a new method for quality manufacturing in Motor

...project development. This management method is similar to the PERT method. It consists of an oriented graph, whose summits represent tasks and the connec ...f-way between [[Gantt Chart]] and PERT representation <ref name="MPM1" />. It allows the user to prioritize a large number of tasks, taking into account

...pic has been selected is because of the personal interest of the author on it. ...ks instead of a really big one, what can be hard to manage or even picture it in the managers’ mind.

...mation at the right time for the right people to make the right decisions. It clearly defines project responsibilities and helps participants understand ... involved in the project and ensure that the method is not applied so that it contributes to the project’s success rather than in an overly prescriptiv

...assign tasks within a development organization and software project teams. It was developed to ensure the production of '''high quality software''' by pr ...sion (horizontal axis) represents the '''dynamic aspect''' of the process. It expresses '''time''' in terms of '''phases''' and '''iterations'''.

...ontractors may include suppliers, manufacturers, retailers or workers, and it is the job of the main contractor to manage them all and ensure that the pr ... organisation in a leading position within the market. To accomplish this, it is often critical to have an experienced project or program manager leading

...e lifetime of the project to measure if it is on track or not. Furthermore it helps organizations understand what they are achieving and what they wanted The earliest Gantt chart appeared in the 1890s. It was created by a Polish engineer by the name of Karol Adamiecki (Figure 2)

...control and guidance in case during the project development occur changes. It is graphically represented by a hierarchical tree, where the job of each co # A quality WBS is constructed in such a way that it satisfies all of the requirements for its use in a project.

...emented by Nikander’s (2002), enumerate the typical barriers to identify it and includes some project strategies to assess them. ...ning signal is a wide-ranging concept. It can be applied to any area where it is crucial to obtain indications as soon as possible of any project progres

... on the first line then for each task, each participant is given a status. It is fast and easy to use, and is perfectly suitable for group work at univer ...work together, share knowledge or have responsibilities to deliver a task. It is indeed frequent to assume that somebody else is taking care of a particu

...are several ways to initiate and continue working on this, for this reason it is important to have a good communication, especially for the project manag ...nderstanding the issues of the project and of the team, that is working on it.

...re CPM can be used to monitor if the project follows the time schedule and it allows you to identify slack time (free resources)<ref name="Ver09"/>. CPM is a step-by-step method for project planning and management. It is the presentation of a project plan by a schematic diagram that depicts t

...he world only is on the rise, and that new tools are required to deal with it.</ref> is adopted to explain why the complexity of the world only goes one ...haracteristics of our modern society and the engineering systems governing it, is that humans and technology cannot any longer be separated. Engineering