Project Production Institute (PPI) Overview

The Project Production Institute increases industry awareness and facilitates a shift in thinking to support the application of Project Production Management theory and methodologies to major capital projects. PPI funds research and disseminates knowledge about the application of operations management and systems theory for the delivery of complex and critical projects. Specifically, PPI:

• Provides: A framework for research on Project Production Management
• Supports: The use of a common vocabulary, consistent nomenclature, and standard definitions
• Promotes: The application of Production Management theory to projects

Interested firms, research institutions, and individuals are invited to join PPI’s efforts:

• Attend an event to learn and network with like-minded individuals
• Participate in ongoing research
• Learn about the latest from industry and academia

MISSION, VISION AND VALUES

Civil infrastructure, energy and industrial projects are complex dynamic systems that challenge the capabilities of today’s approach to project delivery. Massive project cost overruns, schedule delays and increasing claims are prevalent in these industries and demonstrate the impact of inefficient management approaches.

Conventional project management focuses on controlling functional processes such as cost and time reporting, forecasting, risk analysis, document management and procurement. While all of these functions are required for delivering a project, they are not the only activities required to ensure a successful outcome.

Instead of relying solely on conventional project management approaches, companies can better control cost and time, reduce risk, eliminate safety incidents and enhance quality by managing projects as production systems.

The principles of Project Production Management have been extensively researched and documented by Operations Management and Industrial Engineering researchers and practitioners. These principles have also been applied successfully in the manufacturing sector and other sectors for decades. Although application of Production Management to project delivery has created significant value for those who have properly implemented it, this approach has yet to be adopted as standard practice.

Mission

PPI’s mission is to increase awareness of PPM theory, promote adoption of PPM practice in industry, and support development of research that advances understanding and application of PPM and educational programs that teach PPM principles.

Vision

• Massive capital project cost and schedule overruns no longer occur
• Energy, industrial and civil infrastructure organizations preserve and create customer and shareholder value through efficiently delivering their projects
• Industry practitioners use PPM as a standard element of project delivery
• PM is a core element of academic research and instruction

Values

PPI is guided by and is committed to a set of core values – Accuracy, Integrity, and Transparency

• Accuracy: PPI creates and distributes accurate and up-to-date information about project production theory and practice
• Integrity: PPI respects our constituents, acknowledges other bodies of thought, and provides a forum for
  open and honest discussion
• Transparency: PPI shares our research and knowledge openly within our industry

Business Model

• PPI is a not-for-profit institution. Any proceeds above basic operating costs are used to fund
  further research.