Lean can be applied to product development processes to improve value creation management. However, allocating resources to a project or a development program in order to maximize the value generated by project activities can be difficult in complex product development processes. This paper discusses how value creation activities can be better managed by regulating the resource allocation process. A mathematical model is proposed to describe value growth and its application to resource allocation is demonstrated that gives insight into value creation trajectories. The application is demonstrated with scenarios developed from the computer industry and a design project.
Resource Allocation for Lean Product Development Using a Value Creation Cell Model
Contributed by the Design for Manufacturing Committee of ASME for publication in the JOURNAL OF MECHANICAL DESIGN. Manuscript received November 15, 2012; final manuscript received June 24, 2014; published online July 21, 2014. Assoc. Editor: Rikard Söderberg.
- Views Icon Views
- Share Icon Share
- Search Site
Cai, T., and Freiheit, T. (July 21, 2014). "Resource Allocation for Lean Product Development Using a Value Creation Cell Model." ASME. J. Mech. Des. October 2014; 136(10): 101701. https://doi.org/10.1115/1.4027981
Download citation file: