IE 8580 Module 1: Course Preliminaries Lecture 1.2: Capstone Design Project Overview

Scott J. Mason, mason@clemson.edu Course Objectives Identify capital projects industry opportunities to apply industrial engineering tools and techniques learned in the Master’s of Engineering with emphasis in Capital Project Supply Chain (“MEng”) curriculum Apply a broad range of industrial engineering skills to solve these problems Communicate the scope of and solution to these problems through both written and oral presentations Document actual or potential savings in terms of ROI on MEng degree program costs Scott J. Mason, mason@clemson.edu

Scott J. Mason, mason@clemson.edu Course Structure Students work in teams of 1-3 members Size of project team will correlate with project expectations and deliverables Use IE 8580 discussion board for “Partner Wanted” ad? Work with current employer or other firm to identify an applied project requiring MEng-specific skills Potential for “project list” to be generated by companies to offer suggestions for project topics Other student teams will iteratively define their project via regular discussions with course instructor (as quickly as possible) Regular, frequent conference calls/online meetings with instructor early in the course will be necessary Scott J. Mason, mason@clemson.edu

Scott J. Mason, mason@clemson.edu Project Roadmap Define a general objective Value Stream Mapping Define/document the current “as is” situation and value to customer Identify opportunities for improvement Focus down to specific objective(s) Estimate savings potential Apply industrial engineering methods and techniques Use MEng coursework and experience Document (potential) improvements and resulting (estimated) savings ROI and/or payback period in reference to degree cost Scott J. Mason, mason@clemson.edu

Scott J. Mason, mason@clemson.edu Example Projects Assessment of JIT inventory strategies for large capital project Analyzing dispersed project execution office location options Process improvement/re-design Laydown yard design and sizing Scott J. Mason, mason@clemson.edu

Scott J. Mason, mason@clemson.edu Course Structure (2) Compile work into written PPT documents Project Proposal Presentation Final Project Presentation PowerPoint-based oral presentation of results to MEng instructor Interactive presentation with faculty feedback/input Project client invited to attend final presentation or project team could make an additional (potentially higher level) briefing to client Scott J. Mason, mason@clemson.edu

Scott J. Mason, mason@clemson.edu Course Requirements Project Proposal Presentation Early project definition and proposal submission can be accommodated if necessary Three Project Status Updates BlackBoard submission detailing Prior week’s progress Planned progress for this week Issues or road blocks May necessitate preemptive conference call with instructor Scott J. Mason, mason@clemson.edu

Course Requirements (2) Project Final Presentation Assessed by instructor for Organization Content Content pertaining to project objectives, tasks, activities, and timeline Deliverables Delivery Technical quality and accuracy Completeness and clarity Client acceptance (as documented by an e-mail to the instructor) Scott J. Mason, mason@clemson.edu

My “Unofficial” Course Project Goal MEng project teams will strive to document actual or potential savings from their efforts in order to quantify their company’s ROI on their MEng degree program costs. ROI could be measured against company’s existing rate for deciding on investment alternatives Payback period could also be computed in terms of the length of the degree program Scott J. Mason, mason@clemson.edu

Scott J. Mason, mason@clemson.edu Assessment Plan Proposal presentations and final presentations all will be evaluated in terms of Organization Content pertaining to project objectives, tasks, activities, and timeline Deliverables Industrial engineering tools and techniques applied Validity of the analysis and conclusions Scott J. Mason, mason@clemson.edu

What Makes a “Good” Project? SMART Specific Measureable Achievable Realistic Timely Important to its owner Ripe for IE skills application Of interest to the student(s) pursuing it Scott J. Mason, mason@clemson.edu