From agile project management to the use of Six Sigma, effective facilities project management methodologies will reduce delays and achieve cost savings. Facilities Managers that understand the top project management methodologies of 2019 will streamline construction, rebrands and facility upgrades, as well as other activities, throughout the coming year. Yet, as many as 43 percent of project teams do not follow a specific methodology, asserts GetAppLab, increasing risk of poor outcomes. Instead, Facilities Managers should consider use of the trending facilities project management methodologies for 2019.
Waterfall Facilities Project Management Will Continue to Be Useful in New Construction
The traditional approach to project management, also known as Waterfall, is not dead. The Waterfall project management methodology relies on linear, sequential steps to completing a project. Project Managers using this methodology can identify the steps to completing a project without much variation. However, its strict nature is ineffective in existing buildings and operations.
Agile Project Management Offers Flexible Solutions at a Price
Agile project management tackles the rigidity of the Waterfall approach. Instead of locking steps, agile processes allow for continuous changing and flexibility, reports FinancesOnline. This is essential in handling unforeseen issues, such as those that arise when rebranding or remodeling existing facilities. Unfortunately, even the agile methodology has limitations. In other words, Facility Managers may still adapt, but its effect on end costs is uncertain.
Six Sigma Facilities Project Management Is the Top Solution for Effective Control
Six Sigma facilities project management is a proven methodology that focuses on reducing defects or problems in different business processes. Originally designed for manufacturing, Lean Six Sigma has evolved to encompass all types of operations. Instead of simply making an improvement, Six Sigma principles help Facilities Managers find the best solution.
This may sound familiar; it’s the basic premise behind the use of analytics in facilities management. Analytics use data to derive meaningful insights to save money and improve the efficiency of facilities management. Six Sigma is the methodology that powers analytics.
Consider this: Facilities Managers approach the problem by identifying its opportunities and risks. Casting a wide net allows team members to recognize the potential gain or loss from certain actions. A continuous stream of data helps Facilities Managers select the action with the greatest likelihood of a positive result. In facilities management, positive results are multi-faceted. They should decrease the total cost of ownership, speed delivery of an action or project, enhance guest experiences and be traceable.
A common example of Lean Six Sigma in facilities is the changing of replacement parts, such as HVAC system filters. By tracking the replacement schedule, the performance of the unit, impact on indoor air quality and energy costs, Facilities Managers can identify periods and factors contributing to the need to replace a filter sooner. At the same time, they also recognize the adverse impact of not changing the filter and refine the maintenance schedule to include sooner-than-average replacement. Lean Six Sigma is the go-to methodology for facilities project management and maintenance.
Blended Methodologies Will Rise in Use and Value
Although Six Sigma offers major benefits and risk reductions, there will be plenty of instances where the characteristics of other methodologies are necessary. In remodels, Six Sigma may be useful in identifying which areas to begin a rebrand to minimize disruption and impact to guest experiences. In new construction, Waterfall approaches will improve quality assurance and deliver timely results. Meanwhile, agile approaches may be necessary throughout any type of methodology when unforeseen, reactive maintenance needs arise to meet changes in the budget.
This year will not be a year where one type of methodology wins. Instead, the most successful projects and maintenance standards will use a combined methodology to save more money and guarantee success.
Select the Right Partner for Facilities Project Management That Understands These Methodologies
As Six Sigma has grown in popularity, this methodology looks like the best. However, the true use of Six Sigma means making decisions that affect the company in the best way, and that may result in the use of a Waterfall or Agile approach. Facilities Managers should look to companies that build aspects of the top methodologies into their services for national rollouts, new construction, facility rebranding, remodels, and facilities maintenance services.