Consulting Business Startup Evaluation Progress Report

1
Consulting BusinessStart-up EvaluationProgress
Report 2

• EMMP Capstone Project
• Central Team
• 03/04/2003

2
Agenda

• Work Completed
• Project Tools Created
• Project Control Tools
• Project Activities
• Attention Areas
• Summary
• Next Steps

3
Work Completed (Project Proposal from Report 1)

• Project Definition Evaluate the start up of an
  
• engineering consulting business focusing on
• manufacturing improvements.
• Deliverables include case study and business
• start-up analysis
• Limited to 700 team work hours
• Limited to 100 in expenses

4
Work Completed (Current Project Proposal)

• Project Definition Evaluate the start up of an
  
• engineering consulting business focusing on
• manufacturing improvements.
• Change Notice 3 Redefine the time and schedule
  for the Business Start-up Analysis. Time and
  Schedule change from 51.25 days to 59.5 days. New
  completion date is planned for 5/16/03.

5
Work Completed (Schedule)

• Due to Change Notice 3, business case outline and
  schedule changed

6
Project Control Tools

• Project Hours Spreadsheet
• (process owner - Jim Heimler)
• MRCT - Master Revision Control Tracker
• (process owner - Tron Melzl)
• MRCT will be terminated by 3/04/2003. Project
  documents revision will be control on the teams
  web page.
• Change Notice Process
• (process owner - Tony Sciortino)
• Schedule Update Process
• Budget
• Web Page - http//my.execpc.com/tmelzl/
• (process owner Alex Sender)

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Project Control Tools Created

• Budget
• A 100 budget was set up at the beginning of the
  project for incidentals.
• No budget forecast.
• No spending to date.

8
Project Activities To Date(Case Study)

• As of Progress Report 1
• Chose, Researched, Analyzed, and Summarized
  Business Continuous Improvement Methodologies.
• Summary
• II. Processes
• III. Deliverables
• IV. Tools
• V. Ease of Implementation and Sustainability in
  any Manufacturing Setting
• VI. Miscellaneous

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Project Activities To Date(Case Study)

• Continuing Case Study Work
• Established Research Conclusions
• Identification of Core Continuous Improvement
  Methodologies (Lean Mfg. and Six Sigma)
• All other methodologies should be considered as
• offshoot of founding fathers
• a tool to assist with Lean Mfg. and Six Sigma
  programs
• During research, realized ironic shift in Mfg.
  Sector towards Lean and Six Sigma as Lean Six
  Sigma.

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Project Activities To Date(Case Study)

• Continuing Case Study Work
• Further Research Conclusions
• Lean and Six Sigma are complimentary but there
  are still more opportunities.
• Led towards two additional research questions
• How can a company be certain that they are
  solving the right problem?
• How could a company achieve extraordinary results
  with Lean or Six Sigma without an additional
  method to streamline creativity and innovation?

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Project Activities To Date(Case Study)

• Continuing Case Study Work
• Development of AAR SIMPLE Methodology.
• Best practices of Lean and Six Sigma.
• Integrated TRIZ (Theory of Inventive Problem
  Solving)
• Focus on
• solving the correct problem (root cause
  identification methods)
• creative and innovative solutions

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Project Activities To Date(Case Study)

• Continuing Case Study Work
• Completed Case Study Deliverables
• Detailed AAR SIMPLE Methodology
• A full detail of the origins/development of the
  AAR SIMPLE Methodology
• Introduction to SIMPLE Solutions and a detail of
  consulting Service Plans and Options
• 8 step process flow detail with process outline
  and frequently used tools
• Terms glossary
• Bibliography

13
Project Activities To Date(Business Start-Up
Analysis)

• Business Plan Outline for SIMPLE Solutions
  Limited Liability Company Completed
• Company Start-up Summary Completed
• Company start-up cost equal 26,925
• Company Ownership
• Each individual will be entitled to 20 of the
  company and will be equally responsible for the
  company ownership.
• Company location, Downtown Milwaukee, WI

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Project Activities To Date(Business Start-Up
Analysis)

• Company Product and Service Outline Reviewed.
• Service Plan 1
• SIMPLE Solutions will follow the AAR SIMPLE
  methodology through the Assess, Analyze, Redefine
  and Study steps. The resulting deliverables from
  Service Plan 1 are
• clear definition of the problem
• full understanding of the Critical to Quality
  output factors (CTQ-Ys)
• project Solutions Document
• At the conclusion of Service Plan 1, the
  customer has an option of continuing with SIMPLE
  Solutions to the next service plan.

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Project Activities To Date(Business Start-Up
Analysis)

• Service Plan 2
• Service Plan 2 is a continuation of the AAR
  SIMPLE methodology through the Investigate and
  Minimize steps. The resulting deliverables from
  Service Plan 2 are
• extensive statistical and experimental data
  analysis
• a full understanding of the input factors (Xs)
  and relative importance of each
• root casue(s) identified
• At this stage in the project, however, SIMPLE
  Solutions offers two different service plan
  options for the customer.
• Option 1 SIMPLE Solutions representatives will
  complete all required
• activities in the Investigate and Minimize steps.
  Deliverables are
• outlined above.
• Option 2 SIMPLE Solutions representatives will
  facilitate and train
• customer resources to complete all required
  activities in the Investigate
• and Minimize steps. Deliverables are outlined
  above.
• At the conclusion of Service Plan 2, the customer
  has an option of
• continuing with SIMPLE Solutions to the next
  service plan.

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Project Activities To Date(Business Start-Up
Analysis)

• Service Plan 3
• Service Plan 3 is a continuation of the AAR
  SIMPLE methodology through the Perform and
  Lasting Effects steps. The resulting
  deliverables from Service Plan 3 are
• completion of the Implementation Plan
• project performance review
• a control plan for lasting effects.
•   At this stage in the project, SIMPLE Solutions
  offers the same two service plan options for the
  customer as outlined in Service Plan 2.
•   Option 1 SIMPLE Solutions representatives
  will complete all required activities of the
  Investigate and Minimize steps. Deliverables are
  outlined above.
• Option 2 SIMPLE Solutions representatives will
  facilitate and train customer resources to
  complete all required activities in the
  Investigate and Minimize steps. Deliverables are
  outlined above.
• Future Services
• Seminars, Additional Consulting,etc.

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Project Activities To Date(Business Start-Up
Analysis)

• Market Analysis
• Overall Market
• Geographic Area
• Market Size
• Market Segmentation
• Company w/in Specific Industry

Potential To Go After
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Project Activities To Date(Business Start-Up
Analysis)

• Market Analysis
• Competitive Analysis
• Major Competitors
• Strengths Weaknesses
• Threats Risks
• Our Differences

Potential Customers
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Attention Areas

• Barriers To Overcome
• Issues
• UWM requirements
• Deliverables for final presentation
• Schedule
• Close watch items, see if any further changes
  required to deliver on time.

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Summary

• Time, Cost, Deliverables

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Next Steps

• Completed Case Study Phase on 2/25/03
• Create real life example
• Work on final presentation
• Began Business Start Up on 2/3/03
• Continue progress on market analysis and rest of
  deliverables
• Progress Report 3 scheduled 4/10/03.

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Questions