By Christian Staudter, Jens-Peter Mollenhauer, Renata Renata, Olin Roenpage, Clemens von Hugo, Alexis Hamalides (auth.), Stephan Lunau (eds.)

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External projects – What projects are your competitors currently involved in? – What projects or initiatives are being carried out by the customer? – Are regulatory changes to be expected during the course of the project? ), – Use of effective and efficient planning and steering elements, – Continuous project monitoring and steering, – Structured documentation of information, – Targeted and structured communication within the team and beyond the company. VERIFY DESIGN Project monitoring and steering 40 Managing the Project DEFINE Activities, Time and Resource Planning Term / Description Project schedule, planning activities, timeframes and resources Define, Measure, Analyze, Design, Verify Goals – – – – Determine the project milestones Identify the activities Assign the resources Visualize the interdependencies (time and content) The structuring into phases follows the DMADV approach.

A clear goal can only be formulated after precisely depicting the problem. This goal must be measurable and must include a conclusion date. If the project addresses more than one problem, accordingly several goals must be formulated. Tips Pay close attention to the SMART rule: • Specific • Measureable • Agreed to • Realistic • Time bound VERIFY DESIGN ANALYZE Steps 28 Initiating the Project DEFINE Many project launches even fail to get off the ground due to imprecise problem descriptions and goal formulations.

Project Management Main steps and milestones for achieving goals, project risks 24 Initiating the Project DEFINE The Sponsor is responsible for drawing up a provisional Project Charter. The contents are discussed and coordinated with management, the Deployment Champion, marketing, sales, and the Black Belts / Green Belts. Project Charter Example: passenger seat Version: August 17, 2007 D1 Business Case: Project Scope: Market studies have shown that transport companies in Russia plan to modernize their bus fleets by up to 80% over the next 10 years.

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