I have been living the PdM dream for 15 years, I have some thoughts based on experience, so I thought I would share them.

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Archive for May, 2010
 Grow a thick skin, fast, you have to develop some way of bring some sense to the finds you have made in your program.
 Now that trust has been established, your routes are being executed, you wonder if the work you are doing is worthwhile, are there any finds to report on to show you are doing a good job.  How do I quantify the finds that have been reported, put a dollar sign to the finds, to prove the system is working to the benefit of the company or department, that we are saving money, that the trust you have been afforded is well founded.
Nobody teaches us how to do this, it is one of the most difficult processes one has to establish in their PdM program is a way to quantify a find, to justify the program’s existence.  My way of quantifying a good find was simply to use a delay avoidance process, to take the cost per hour of rolling time and multiplying that times the number of hours saved by not having to shut down.  There are a lot of fancy systems out there where this multiplied by that, then divided by something else, gives you a number, why so complicated.
My first’ find’ saved 4 hours, instead of being down for seven hours we were down three hours.  Infrared showed a differential between the 4 pistons in the project block, I selected the bottom right cylinder it was correct, hooray!!  Repairs were made to the cylinder, it was pressurized and there was no leak, we came ahead and rolled for the duration on the repaired system.  Cost avoidance was 4 X $40,000.00, $160,000.00, my camera was paid for, my wages were taken care of for the rest of the year,  the system worked, I finally realized what I was doing was the right thing, it could be very successful and a value added exercise.
May you be successful in your career in your chosen field. I hope you find it very rewarding
Kindest regards,
 
Geoff
Posted by Geoff Generalovic on May 19, 2010 7:46 PM EDT

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