Companies construct aggregate project plans (APPs) for developing goals and objectives for their business. These goals and objectives are used for improving productivity and allowing each job the ability to accomplish its individual goals and objectives. Companies typically have five different types of projects that APPs are used for, including breakthroughs, platforms, derivatives, R&D and partnered projects. APPs offer management of the company a list of upcoming projects, separating short-term and long-term ones. Companies use the APP in determining the best order the projects should be done.
Define each project the company has planned by category. Projects are identified as breakthrough, platform, derivative, R&D or partnered projects. During this step, companies should also take into consideration any projects in the works at the time and classify these into one of the five categories. In APPs, projects are not handled individually but rather in sets. The sets are simply the five different project types.
Determine the average time each project needs. Companies complete this step by basing estimated times on projects completed in the past in the different categories. At this time the company also determines what resources are needed for each category. Ideally, companies should have at least one or more project in each of the five categories.
Identify what resources the company has available. The capacity of the company’s resources helps determine the projects chosen to complete first. The main portion of company resources are its employees, who need to be classified by their strong points. Finding the right place for each employee is vital in fully using a company’s resources.
Decide which mix of projects is best for the company. This is based on the resources the company has and the amount of projects the resources can handle.
Identify and define exactly the specific projects the company decides to pursue. All of the factors to this point contribute in the decisions made at this time.
Improve development capabilities within the organization. The purpose of an APP is to classify projects into categories and determine the order in which to complete them. This planning stage is important to development capabilities and efficiency.
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