VISUAL PLANNING CREATES AN EFFECTIVE PLAN
Visual planning involves project participants personally making their own project plan.
First, the project is effectively estimated via the Successive Principle, i.e. the project deliverables are budgeted.
Next, the group makes a project plan, in a very basic and practical way using Post-it sticky notes on a wide poster, where the project participants across the professional groups set out the duration of the deliverables.
Lastly, the deliverables are moved around, so that the project participants are allocated optimally during the process.
In many cases this has proven to be efficient, gives ownership and motivates the project team.
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ROBUST BUDGETS DELIVER MORE COMPANY PROFITS AND SATISFIED EMPLOYEES
Many different types of companies discover that budgets and plans go awry, and it happens often with major public sector construction projects and IT projects.
The Norwegian Government has made it compulsory by law that all major public sector projects must be estimated using the Successive Principle (known in Norway as ‘Anslagsmetoden’). This has meant that up to 80% of major tunnel, motorway and IT Infrastructure projects have complied with their budgets and stayed within their deadlines – compared to the previous figure of 10–20%!
Norwegian AF Gruppen, a major contracting and industrial group introduced the method in 2006. After three years, the group had increased its EBIT from 2.5 % to 5.8 %, primarily because of the method, while at the same time the group doubled its profits. Extremely thought-provoking stuff! This should inspire the senior management and company directors of any company.
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