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How to reduce your superyacht project lead time

Written by
Elodie Behravan

When a superyacht new-build project is concerned, time is money, and all those involved are working towards the anticipated launch day. There are many ways a workforce can be organised to work effectively - but an approach that particularly stands out is the one devised by project and consultancy management firm Critical Minds, who state they are able to shorten the lead time of all superyacht projects. Curious to know more, SuperYacht Times investigated how the Dutch firm goes about business. Here, the team at Critical Minds share their integral approach.  Cannes Yachting Festival 2019 - Day 2Photo: Charl van Rooy / SuperYacht TimesWith a well-developed planning stage, no matter how big the network of independent suppliers is, all will be able to work in perfect tandem to achieve their goals. Given the typical time and money constraints involved in complex projects such as yacht constructions, having fully-transparent development stages will, naturally, lead to efficiency across the board. An integral part of Critical Minds' approach is the planning and control of the so-called hard side - organisational developments and change management - as well as the soft side - making structural improvements when needed. 

Remaining focussed on the people working within the projects is a way Critical Minds ensures that a positive environment with increased job satisfaction is created and maintained. Stating that the key to improvement is dependent on the human factor, those at Critical Minds work together to get the best results.  Cannes Yachting Festival 2019 - Day 2Photo: Charl van Rooy / SuperYacht TimesBy sticking to a strategy, the lead time will inevitably be shortened. Critical Minds’ strategy aimed at reducing lead times is formed of five fundamental pillars: project management and scheduling, the Lean philosophy, business technologies and organisational development, as explained further below:

With supported project scheduling that is focused on critical paths and interdependencies between parties, it becomes possible to collaborate effectively towards the delivery of a new build or refit. When a plan has been made it is essential to keep monitoring and adjust according to the project’s progress.  Cannes Yachting Festival 2019 - Day 2Photo: Charl van Rooy / SuperYacht TimesWith an experienced project manager with the right focus, potential deviations can be predicted and avoided. It is this person’s job to then plan for and steer teams in the right direction throughout the project which effectively reduces the lead time and costs. Clients are also offered continuous support in every way possible.  

By combining the ‘Lean’ philosophy with well-known project management theories, Critical Minds is able to reach for lead time reduction across all levels. By using this philosophy as a guide, the organisation is able to develop learning capacity and continuously improve.  

Cannes Yachting Festival 2019Photo: Charl van Rooy / SuperYacht TimesUtilising business technologies and IT solutions means that tech should be an aid to benefit a project. When used to track progression and changes, technology can help achieve the project’s goals more efficiently.  

Knowing none of this is possible without good teamwork. Critical Minds believes that teams perform better and have a higher sense of satisfaction when working with time dedicated to development. As such, teamwork and positive working environments are encouraged through various techniques.    Critical Minds office marketingEspecially in today’s climate of uncertainty, nothing should be left to chance in the planning and execution of a superyacht project. If you’re interested in realising your dream project with the expert help of Critical Minds, contact them directly using the contact details provided below.  
  

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