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Cost Reduction - Coggle Diagram
Cost Reduction
Explore Variations
Vendors
Competitive bidding
Equipment
Meet & not exceed the required features (value engineering)
Materials
Situational quality options
Benchmarking
HR
Types
Leveling
Inventory plan
Delivery
Automation
Issue resolution path & communication plan
Risk plan
Short monitor periods
Cost control
Build knowledge base: lessons learned
Information availability
CPM
Accurate estimation (history, modelling & benchmarking)
Conformance
Safety
Quality
Business Analysis
Right Requirements
Clear goals & vision
Best processes (waste elimination)