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Life Cycle Management Toolkit

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Secure that your organization this unit has responsibility for the Value Chain from discovery through to late stage development, enabling rapid acceleration of promising early stage assets and Life Cycle Management programs.

More Uses of the life-cycle management Toolkit:

 

Methodize Life Cycle Management: conduct Cost Benefit Analysis and build Business Case to seek financial approval for Solution Implementation.

More Uses of the Life Cycle Management Toolkit:

 

Save time, empower your teams and effectively upgrade your processes with access to this practical Life Cycle Management Toolkit and guide. Address common challenges with best-practice templates, step-by-step Work Plans and maturity diagnostics for any Life Cycle Management related project.

Download the Toolkit and in Three Steps you will be guided from idea to implementation results.

The Toolkit contains the following practical and powerful enablers with new and updated Life Cycle Management specific requirements:


STEP 1: Get your bearings

Start with...

  • The latest quick edition of the Life Cycle Management Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.

Organized in a Data Driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…

  • Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation

Then find your goals...


STEP 2: Set concrete goals, tasks, dates and numbers you can track

Featuring 999 new and updated case-based questions, organized into seven core areas of Process Design, this Self-Assessment will help you identify areas in which Life Cycle Management improvements can be made.

Examples; 10 of the 999 standard requirements:

  1. Which of the recognised risks out of all risks can be most likely transferred?

  2. Why do the measurements/indicators matter?

  3. Are all Key Stakeholders present at all Structured Walkthroughs?

  4. What is effective Life Cycle Management?

  5. Which costs should be taken into account?

  6. How do the Life Cycle Management results compare with the performance of your competitors and other organizations with similar offerings?

  7. Is the Life Cycle Management test/monitoring cost justified?

  8. How do you verify and validate the Life Cycle Management data?

  9. Do the benefits outweigh the costs?

  10. What are the costs of reform?


Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:

  • The workbook is the latest in-depth complete edition of the Life Cycle Management book in PDF containing 994 requirements, which criteria correspond to the criteria in...

Your Life Cycle Management self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:

  • The Self-Assessment Excel Dashboard; with the Life Cycle Management Self-Assessment and Scorecard you will develop a clear picture of which Life Cycle Management areas need attention, which requirements you should focus on and who will be responsible for them:

    • Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix
    • Gives you a professional Dashboard to guide and perform a thorough Life Cycle Management Self-Assessment
    • Is secure: Ensures offline Data Protection of your Self-Assessment results
    • Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:

 

STEP 3: Implement, Track, follow up and revise strategy

The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage Life Cycle Management projects with the 62 implementation resources:

Examples; 10 of the check box criteria:

  1. Cost Management Plan: Eac -estimate at completion, what is the total job expected to cost?

  2. Activity Cost Estimates: In which phase of the Acquisition Process cycle does source qualifications reside?

  3. Project Scope Statement: Will all Life Cycle Management project issues be unconditionally tracked through the Issue Resolution process?

  4. Closing Process Group: Did the Life Cycle Management Project Team have enough people to execute the Life Cycle Management Project Plan?

  5. Source Selection Criteria: What are the guidelines regarding award without considerations?

  6. Scope Management Plan: Are Corrective Actions taken when actual results are substantially different from detailed Life Cycle Management Project Plan (variances)?

  7. Initiating Process Group: During which stage of Risk planning are risks prioritized based on probability and impact?

  8. Cost Management Plan: Is your organization certified as a supplier, wholesaler, regular dealer, or manufacturer of corresponding products/supplies?

  9. Procurement Audit: Was a formal review of tenders received undertaken?

  10. Activity Cost Estimates: What procedures are put in place regarding bidding and cost comparisons, if any?

 
Step-by-step and complete Life Cycle Management Project Management Forms and Templates including check box criteria and templates.

1.0 Initiating Process Group:


2.0 Planning Process Group:


3.0 Executing Process Group:

  • 3.1 Team Member Status Report
  • 3.2 Change Request
  • 3.3 Change Log
  • 3.4 Decision Log
  • 3.5 Quality Audit
  • 3.6 Team Directory
  • 3.7 Team Operating Agreement
  • 3.8 Team Performance Assessment
  • 3.9 Team Member Performance Assessment
  • 3.10 Issue Log


4.0 Monitoring and Controlling Process Group:

  • 4.1 Life Cycle Management project Performance Report
  • 4.2 Variance Analysis
  • 4.3 Earned Value Status
  • 4.4 Risk Audit
  • 4.5 Contractor Status Report
  • 4.6 Formal Acceptance


5.0 Closing Process Group:

  • 5.1 Procurement Audit
  • 5.2 Contract Close-Out
  • 5.3 Life Cycle Management project or Phase Close-Out
  • 5.4 Lessons Learned

 

Results

With this Three Step process you will have all the tools you need for any Life Cycle Management project with this in-depth Life Cycle Management Toolkit