Technology, Operations, and Value Chain Management

Managing Complex Product Development Projects

Dates: May 17-18, 2012| Nov 13-14, 2012

Certificate Track: Technology, Operations, and Value Chain Management

Location: Cambridge, Massachusetts

Tuition: $2,900 (excluding accommodations)

Program Days (for certificate credit): 2

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Many companies today are engaged in large, complex projects where traditional project management processes simply don't work. This advanced project management program will offer new ways of thinking to help managers modernize and improve their processes to make better products, faster. Using a revolutionary Design Structure Matrix Method (DSM), MIT researchers have developed a modeling approach to learn how to solve problems facing large-scale projects. After field-testing DSM in dozens of organizations and industries around the world, they found that it successfully streamlined the development of a wide array of projects, including:

  • Complex automotive components systems and subsystems
  • Aerospace configuration design
  • Concept development and program roll-out
  • Electronics and semi-conductor development
  • Equipment and machine tool development
  • Plant engineering
  • Construction projects

Join the MySloanExecEd Community Group for this program to network with past, present, and future participants.

By starting to understand project complexity, participants will learn how to create a better product—how to make it faster, how to make it on time, how to create the integration that results in quality. The lessons presented and discussed in this program will enable participants to:

  • Apply the DSM method to their specific project complexity challenges
  • Learn and successfully use the Critical Chain Method to manage and even accelerate project timing
  • Design the right development process that will be most beneficial for their organization and specific project challenges, with the insights gained from other industries (e.g., employing the Spiral Development process used widely in software development)
  • Implement lean processes better through tools like process mapping
  • Solve challenges presented by global development projects

Clear indicators that a company can benefit from its managers attending the program:

  • A company is developing a highly complex system with many components and subsystems
  • Product development is globally distributed
  • Multiple and diverse teams, or multiple vendors and suppliers, are involved
  • Technical managers lack the training or the skills required for advanced project management

This program is designed for senior managers involved in complex product development and project management as well as those responsible for speeding up the process of improving design procedures and designing and developing better products. These include:

  • VPs of Engineering, Manufacturing, and Technology
  • Directors of project management
  • Product and business development managers
  • Engineering and R&D program managers
  • Chief project engineers
  • Product design and process development engineers
  • Technology strategists
  • Project leaders

Please note that faculty are subject to change and not all faculty teach in each session of the program.

  • Steven Eppinger

    General Motors Leaders for Global Operations Professor of Management
    Professor of Management Science and Engineering Systems
    Co-Director, System Design and Management Program

    Steven D. Eppinger has created an interdisciplinary product development course at the MIT Sloan School of Management, in which graduate students from engineering, management, and industrial design programs collaborate to develop new products. He also teaches MIT Executive Education programs in the areas of product development and complex project management... ... (more)
DAY One SAMPLE
08:00 AM - 09:00 AMRegistration and Continental Breakfast
09:00 AM - 12:00 PMWelcome and Introduction, Problems of Managing Complex Development Projects, Introduction to the Design Structure Matrix(DSM) Method, Using DSM for Project Planning
12:00 PM - 01:00 PMLuncheon
01:00 PM - 05:00 PMUsing DSM for Project Planning
05:00 PM - 06:00 PMReception
DAY Two SAMPLE
08:15 AM - 09:00 AMContinental Breakfast
09:00 AM - 12:00 PMProject Control and Acceleration
12:00 PM - 01:00 PMLuncheon
01:00 PM - 03:00 PMCurrent Research Directions

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View the MIT Sloan Managing Complex Product Development Projects Interactive Brochure

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