How Deep Drawn Project Management Works

By definition, any collection of activities that function towards the same goal can be called a project. These projects can be typical, meaning that they share similar functions each time they are executed, or unique and specific to one particular outcome. The act of initiating, controlling, and completing these projects is considered project management.

Management of projects has always occurred informally. Since the dawn of industry, manufacturers worked hard to make sure their efforts matched the needs of customers and were completed on time. Even ancient blacksmiths, apprenticed and trained by masters of the craft, held an interest in managing the tasks they were asked to perform.

In the 20th century, industry began to realize that precise management of projects was critical to customer retention and cost effective business. Throughout the world, manufacturers began to develop specific methods and tools to more accurately manage projects.

Deep drawn project management has developed in concert with the industries and services their products support. Far from the inaccurate paper and pencil days of the past, modern project management ties together the skills of experienced craftsman with the potent technology of today in order to provide world class support for customers.

Project management focuses on five main areas of the process. They are:

• Initiation

• Planning

• Executing

• Monitoring and Controlling

• Closing

To best accomplish these tasks, there are ten main areas of knowledge which are applied to each project; Integration, cost, human resources, stakeholder management, scope, quality, communications, time, procurement, and risk management.

In deep drawn project management, these skills are applied to each operation, whether typical or unique. Using an organized system of management allows the modern deep drawn supplier to initiate and control multiple activities simultaneously, often utilizing outside sources and vendors in coordination to provide one-stop complete product services for customers.

It is this elevated level of detail and control that provides manufacturers the ability to effectively combine assets and activities to provide the most complete service for the market, while maintaining low costs and high quality.

The deep drawn suppliers of today are all about convenience. Customers want and demand fast service to match the elevated pace of the business world, while the expectations of quality and value continue to rise. It is only through careful, effective project management that manufacturers like the deep drawn stamping industry remain competitive.