Save time, empower your teams and effectively upgrade your processes with access to this practical FIFO Toolkit and guide. Address common challenges with best-practice templates, step-by-step work plans and maturity diagnostics for any FIFO related project.

Download the Toolkit and in Three Steps you will be guided from idea to implementation results.

 

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The Toolkit contains the following practical and powerful enablers with new and updated FIFO specific requirements:

STEP 1: Get your bearings

Start with…

  • The latest quick edition of the FIFO Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.

Organized in a data driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…

  • Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation

Then find your goals…

STEP 2: Set concrete goals, tasks, dates and numbers you can track

Featuring 899 new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which FIFO improvements can be made.

Examples; 10 of the 899 standard requirements:

  1. How do your measurements capture actionable FIFO information for use in exceeding your customers expectations and securing your customers engagement?

  2. How are equivalent units of production, unit costs, and inventory values determined using the FIFO method of process costing?

  3. If your organization uses the FIFO costing method, what are the equivalent units of production for the materials?

  4. What information is critical to our organization that our executives are ignoring?

  5. Design Thinking: Integrating Innovation, FIFO, and Brand Value

  6. At what moment would you think; Will I get fired?

  7. Whom among your colleagues do you trust, and for what?

  8. Who controls key decisions that will be made?

  9. Who are the key stakeholders?

  10. Is performance measured?

Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:

  • The workbook is the latest in-depth complete edition of the FIFO book in PDF containing 899 requirements, which criteria correspond to the criteria in…

Your FIFO self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:

  • The Self-Assessment Excel Dashboard; with the FIFO Self-Assessment and Scorecard you will develop a clear picture of which FIFO areas need attention, which requirements you should focus on and who will be responsible for them:

    • Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix
    • Gives you a professional Dashboard to guide and perform a thorough FIFO Self-Assessment
    • Is secure: Ensures offline data protection of your Self-Assessment results
    • Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:

 

STEP 3: Implement, Track, follow up and revise strategy

The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage FIFO projects with the 62 implementation resources:

  • 62 step-by-step FIFO Project Management Form Templates covering over 6000 FIFO project requirements and success criteria:

Examples; 10 of the check box criteria:

  1. Schedule Management Plan: Are the FIFO project team members located locally to the users/stakeholders?
  2. Planning Process Group: How many days can task X be late in starting without affecting the FIFO project completion date?
  3. Initiating Process Group: Which of Six Sigmas DMAIC phases focuses on the measurement of internal process that affect factors that are critical to quality?
  4. Activity Duration Estimates: Are contingency plans created to prepare for risk events to occur?
  5. Scope Management Plan: When is corrective or preventative action required?
  6. Scope Management Plan: Describe the manner in which FIFO project deliverables will be formally presented and accepted. Will they be presented at the end of each phase?
  7. Team Member Performance Assessment: To what degree do team members feel that the purpose of the team is important, if not exciting?
  8. Stakeholder Analysis Matrix: Vulnerable Groups; Who are the vulnerable groups that might be affected by the FIFO project?
  9. Project or Phase Close-Out: Is there a clear cause and effect between the activity and the lesson learned?
  10. Cost Management Plan: Is PERT / Critical Path or equivalent methodology being used?

 
Step-by-step and complete FIFO Project Management Forms and Templates including check box criteria and templates.

1.0 Initiating Process Group:

  • 1.1 FIFO project Charter
  • 1.2 Stakeholder Register
  • 1.3 Stakeholder Analysis Matrix

2.0 Planning Process Group:

  • 2.1 FIFO project Management Plan
  • 2.2 Scope Management Plan
  • 2.3 Requirements Management Plan
  • 2.4 Requirements Documentation
  • 2.5 Requirements Traceability Matrix
  • 2.6 FIFO project Scope Statement
  • 2.7 Assumption and Constraint Log
  • 2.8 Work Breakdown Structure
  • 2.9 WBS Dictionary
  • 2.10 Schedule Management Plan
  • 2.11 Activity List
  • 2.12 Activity Attributes
  • 2.13 Milestone List
  • 2.14 Network Diagram
  • 2.15 Activity Resource Requirements
  • 2.16 Resource Breakdown Structure
  • 2.17 Activity Duration Estimates
  • 2.18 Duration Estimating Worksheet
  • 2.19 FIFO project Schedule
  • 2.20 Cost Management Plan
  • 2.21 Activity Cost Estimates
  • 2.22 Cost Estimating Worksheet
  • 2.23 Cost Baseline
  • 2.24 Quality Management Plan
  • 2.25 Quality Metrics
  • 2.26 Process Improvement Plan
  • 2.27 Responsibility Assignment Matrix
  • 2.28 Roles and Responsibilities
  • 2.29 Human Resource Management Plan
  • 2.30 Communications Management Plan
  • 2.31 Risk Management Plan
  • 2.32 Risk Register
  • 2.33 Probability and Impact Assessment
  • 2.34 Probability and Impact Matrix
  • 2.35 Risk Data Sheet
  • 2.36 Procurement Management Plan
  • 2.37 Source Selection Criteria
  • 2.38 Stakeholder Management Plan
  • 2.39 Change Management Plan

3.0 Executing Process Group:

  • 3.1 Team Member Status Report
  • 3.2 Change Request
  • 3.3 Change Log
  • 3.4 Decision Log
  • 3.5 Quality Audit
  • 3.6 Team Directory
  • 3.7 Team Operating Agreement
  • 3.8 Team Performance Assessment
  • 3.9 Team Member Performance Assessment
  • 3.10 Issue Log

4.0 Monitoring and Controlling Process Group:

  • 4.1 FIFO project Performance Report
  • 4.2 Variance Analysis
  • 4.3 Earned Value Status
  • 4.4 Risk Audit
  • 4.5 Contractor Status Report
  • 4.6 Formal Acceptance

5.0 Closing Process Group:

  • 5.1 Procurement Audit
  • 5.2 Contract Close-Out
  • 5.3 FIFO project or Phase Close-Out
  • 5.4 Lessons Learned

 

Results

With this Three Step process you will have all the tools you need for any FIFO project with this in-depth FIFO Toolkit.

In using the Toolkit you will be better able to:

  • Diagnose FIFO projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices
  • Implement evidence-based best practice strategies aligned with overall goals
  • Integrate recent advances in FIFO and put process design strategies into practice according to best practice guidelines

Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role; In EVERY company, organization and department.

Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, ‘What are we really trying to accomplish here? And is there a different way to look at it?’

This Toolkit empowers people to do just that – whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc… – they are the people who rule the future. They are the person who asks the right questions to make FIFO investments work better.

This FIFO All-Inclusive Toolkit enables You to be that person:

 

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Includes lifetime updates

Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.

Categories: Documents