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Time to market vs. Time to delivery. Managing speed in Engineering Procurement and construction projects

Author

Listed:
  • Sihem Ben Mahmoud-Jouini

    (CRG - Centre de recherche en gestion - X - École polytechnique - IP Paris - Institut Polytechnique de Paris - CNRS - Centre National de la Recherche Scientifique, PESOR - UP11 - Université Paris-Sud - Paris 11)

  • Christophe Midler

    (CRG - Centre de recherche en gestion - X - École polytechnique - IP Paris - Institut Polytechnique de Paris - CNRS - Centre National de la Recherche Scientifique)

  • Gilles Garel

Abstract

The time-to-market in NPD projects is a key factor in the competition between innovative firms. Research on concurrent engineering has shown that time can be managed as well as a delay and as a speed. Our concern in this paper is to study the time factor in the case of Engineering, Procurement and Construction (EPC) projects, where a customer initially contracts for a project from a contractor on the basis of specifications, budget and delay. Is time-to-delivery a key factor? Does its reduction represent a competitive advantage for the client and/or for the contractor in EPC projects? Is project speed a key variable to be managed, or does it result from other project parameters? We first define an analytical model to characterize a speed profile in EPC projects. We implement this model for six major construction projects developed by a large, international firm. A variety of speed profiles result. We conclude by showing the relevance of NPD project speed management in EPC projects.

Suggested Citation

  • Sihem Ben Mahmoud-Jouini & Christophe Midler & Gilles Garel, 2004. "Time to market vs. Time to delivery. Managing speed in Engineering Procurement and construction projects," Post-Print hal-00657615, HAL.
    • Handle: RePEc:hal:journl:hal-00657615
    DOI: 10.1016/j.ijproman.2003.10.001
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    Cited by:

    1. Hela Chebbi & Wafi Chtourou, 2005. "Réduire les risques des projets d'innovation dans les multinationales : une approche par les réseaux de connaissances," Post-Print hal-00368112, HAL.
    2. Kirchner, Alexander & Labusch, Nils & Lopez Cordoba, Adriana & Sartor, Sebastian & Tumbas, Sanja & Villalon, Enrique & Wiethoff, Sebastian, 2011. "Network e-Volution," ERCIS Working Papers 11, University of Münster, European Research Center for Information Systems (ERCIS).
    3. Myung-Hun Kim & Eul-Bum Lee & Han-Suk Choi, 2019. "A Forecast and Mitigation Model of Construction Performance by Assessing Detailed Engineering Maturity at Key Milestones for Offshore EPC Mega-Projects," Sustainability, MDPI, vol. 11(5), pages 1-21, February.

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