Pipeline Accelerator Blog

New Product Plans – Building Robust & Realistic Timelines

The previous article in this series summarized the necessary elements of governance required to build a disciplined system for bringing qualified opportunities into the organization. Once you’ve decided that a new product opportunity is consistent with strategy, meets financial hurdles, and is feasible, the next step is to create a robust plan and realistic timeline that your team and customers can understand and accept.

The answer to creating robust plans lies in a different approach called Critical Chain Project Management—a fundamentally different approach to projects that has allowed thousands of companies to reach as high as 95% on-time performance. CCPM takes the padding out of individual tasks and uses part of it to create a shared project buffer. The result is 25% shorter project durations, but with plans that avoids procrastination and actually protect due dates. Plans are built for rapid execution where, like a relay race, key tasks start as early as possible, people work with limited interruptions and multitasking, and the “next runner” is always ready for the handoff.

Click Here to Read the Rest of the Industry Week Article

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