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  2. Overall equipment effectiveness - Wikipedia

    en.wikipedia.org/.../Overall_equipment_effectiveness

    An OEE of 100% means that only good parts are produced (100% quality), at the maximum speed (100% performance), and without interruption (100% availability). Measuring OEE is a manufacturing best practice. By measuring OEE and the underlying losses, important insights can be gained on how to systematically improve the manufacturing process.

  3. Construction management - Wikipedia

    en.wikipedia.org/wiki/Construction_management

    The construction project manager is sometimes referred to as an "Owner's Representative." The CM's role is to represent the interests of the Owner throughout the various phases of a project beginning as early as feasibility studies and conceptual planning of the project. Construction Managers help to inform good decision making on behalf of the ...

  4. 12 Reasons Why Project Management Is Important - AOL

    www.aol.com/12-reasons-why-project-management...

    3. Better Productivity. Project management is important because it ensures there’s a proper plan that outlines a clear focus and objectives to allow the team to execute on strategic goals.

  5. Operations management - Wikipedia

    en.wikipedia.org/wiki/Operations_management

    Project production management: the application of the analytical tools and techniques developed for operations management, as described in Factory Physics to the activities within major capital projects such as encountered in oil and gas and civil infrastructure delivery.

  6. Overall labor effectiveness - Wikipedia

    en.wikipedia.org/wiki/Overall_Labor_Effectiveness

    There are many factors that influence workforce availability and therefore the potential output of equipment and the manufacturing plant. OLE can help manufacturers be sure that they have the person with the right skills available at the right time by enabling manufacturers to locate areas where providing and scheduling the right mix of employees can increase the number of productive hours.

  7. Performance indicator - Wikipedia

    en.wikipedia.org/wiki/Performance_indicator

    Overall equipment effectiveness (OEE) is a set of broadly accepted nonfinancial metrics that reflect manufacturing success. OEE = availability x performance x quality; Availability = run time / total time; by definition this is the percentage of the actual amount of production time the machine is running to the production time the machine is ...

  8. Quality, cost, delivery - Wikipedia

    en.wikipedia.org/wiki/Quality,_cost,_delivery

    The OEE shows how well a company uses its equipment and staff. OEE is calculated on the base of three elements: Availability – compares the planned and the actual time of the process run. For example, if a machine is planned to run 100 hours a week, but in reality runs only 50, then the availability is 50%. [3]

  9. Manufacturing execution system - Wikipedia

    en.wikipedia.org/wiki/Manufacturing_execution_system

    Manufacturing execution systems (MES) are computerized systems used in manufacturing to track and document the transformation of raw materials to finished goods. MES provides information that helps manufacturing decision-makers understand how current conditions on the plant floor can be optimized to improve production output. [1]