Analyzing Multiple Product Development Projects Based On Information and Resource Constraints

Product development (PD) and engineering design processes are often characterized by the information flowing among activities. In PD, this flow forms a complex activity web—a process that can be viewed as a complex system. Most literature on the subject of information flow in PD focuses on a sing...

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Main Authors: Yassine, Ali, Browning, Tyson
Language:en_US
Published: 2002
Subjects:
Online Access:http://hdl.handle.net/1721.1/1670
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author Yassine, Ali
Browning, Tyson
author_facet Yassine, Ali
Browning, Tyson
author_sort Yassine, Ali
collection MIT
description Product development (PD) and engineering design processes are often characterized by the information flowing among activities. In PD, this flow forms a complex activity web—a process that can be viewed as a complex system. Most literature on the subject of information flow in PD focuses on a single project, where precedence information constraints (based solely on necessary information and possible assumptions) determine the execution sequence for the activities and the resultant project lead-time. In this paper, we consider multiple PD projects that share a common set of design resources. Especially in this setting, precedence information availability is insufficient to assure that activities will execute on time. We extend the information flow modeling literature by including resource availability. We model several PD projects as a portfolio, where activity execution is based on both information and resource availability. We demonstrate the effects of accounting for resource constraints on both individual projects’ and portfolio lead-time distributions.
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spelling mit-1721.1/16702019-04-12T08:09:07Z Analyzing Multiple Product Development Projects Based On Information and Resource Constraints Yassine, Ali Browning, Tyson Product development engineering design Resource constraints Product development (PD) and engineering design processes are often characterized by the information flowing among activities. In PD, this flow forms a complex activity web—a process that can be viewed as a complex system. Most literature on the subject of information flow in PD focuses on a single project, where precedence information constraints (based solely on necessary information and possible assumptions) determine the execution sequence for the activities and the resultant project lead-time. In this paper, we consider multiple PD projects that share a common set of design resources. Especially in this setting, precedence information availability is insufficient to assure that activities will execute on time. We extend the information flow modeling literature by including resource availability. We model several PD projects as a portfolio, where activity execution is based on both information and resource availability. We demonstrate the effects of accounting for resource constraints on both individual projects’ and portfolio lead-time distributions. 2002-09-17T15:39:14Z 2002-09-17T15:39:14Z 2002-09-17T15:39:14Z http://hdl.handle.net/1721.1/1670 en_US 177000 bytes application/pdf application/pdf
spellingShingle Product development
engineering design
Resource constraints
Yassine, Ali
Browning, Tyson
Analyzing Multiple Product Development Projects Based On Information and Resource Constraints
title Analyzing Multiple Product Development Projects Based On Information and Resource Constraints
title_full Analyzing Multiple Product Development Projects Based On Information and Resource Constraints
title_fullStr Analyzing Multiple Product Development Projects Based On Information and Resource Constraints
title_full_unstemmed Analyzing Multiple Product Development Projects Based On Information and Resource Constraints
title_short Analyzing Multiple Product Development Projects Based On Information and Resource Constraints
title_sort analyzing multiple product development projects based on information and resource constraints
topic Product development
engineering design
Resource constraints
url http://hdl.handle.net/1721.1/1670
work_keys_str_mv AT yassineali analyzingmultipleproductdevelopmentprojectsbasedoninformationandresourceconstraints
AT browningtyson analyzingmultipleproductdevelopmentprojectsbasedoninformationandresourceconstraints