Value Stream Mapping in Project Management: A Case Study

Abstract

This article describes the application of value stream mapping to analyze and redesign the way of managing the materials procurement stage of a project. A framework based on integrated definition (IDEF) methodology, the stream analysis approach, activity‐based costing, and discrete event simulation is presented. The stream analysis approach is used to analyze, diagnose, and manage process changes represented using an IDEF model. A dynamic simulation is used to evaluate the impact of the changes considered, to support the analysis of the process, and to model the performance of the proposed process. The overall methodology is demonstrated by applying it to a company whose core business is the design and construction of offshore oil rigs. The company specializes in engineering, procurement, and construction projects and has an annual portfolio of about six projects. Many of these projects have common features in terms of design and components, and they are all also characterized by a short “time to delivery.” For this reason, this study was aimed at assessing the possible effects that the application of new materials management policies could have on reducing both project completion time and the resources required.

Application of value stream mapping in an Indian camshaft manufacturing organisation

“…Abdulmalek and Rajgopal (2007) have described a case where VSM and other lean principles are adopted for the process sector for application at a large integrated steel mill. Bevilacqua et al (2008) have described the application of VSM for analysing and redesigning the ways of managing the material procurement stage of a project. Seth et al (2008) have identified and addressed various wastes in the supply chain of the edible cotton seed oil industry using VSM approach for the improvement of productivity and capacity utilization in the Indian context.…”

Lean service system design: a simulation-based VSM case study

“…Although VSM is mainly used in manufacturing sector (Seth and Gupta, 2005; Chen et al , 2010; Lacerda et al , 2016), recently it has some service sector applications especially in health services (Snyder et al , 2005; Lummus et al , 2006; Henrique et al , 2016; Camgöz-Akdağ et al , 2017). There are some other service sector application examples, such as sales (Barber and Tietje, 2008), project management (Bevilacqua et al , 2008), supply chain (Arbulu et al , 2003) and office services (Chen and Cox, 2012). Singh et al (2011) and Dal Forno et al (2014) presented a comprehensive review and classification of literature on VSM.…”

Framework de Value Stream Mapping a partir de uma Revisão Sistemática da Literatura

“…Se tratando dos aspectos pelo qual a teoria do VSM deve melhorar a fim de torná-lo uma ferramenta de referência, nem todos os esforços da implantação da ferramenta são de simples execução, pois Bevilacqua et al (2008) relata o aumento dos custos durante o projeto devido a necessidade de atenção das mudanças a serem implementadas em um caso de reengenharia para projetos de EPC (Engineering, Procurement and Construction), com um retorno estimado de 4 anos enquanto que Kocakulah e Upson (2005) citam um VPL (Valor Presente Líquido) negativo obtido em um projeto de VSM para o projeto de um sistema integrado para controle de atendimento de pacientes. No estudo de caso de Serrano et al (2008) em múltiplas empresas foi verificado que a implementação do fluxo de produção enxuto pode ser muito exigente para empresas que possuem poucos recursos enquanto que Wee e Wu (2009) recomendam precaução no estudo de caso realizado na Ford Motor Company, já que sua implementação poderia ser demorada e cara.…”