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Proceedings of Government/Industry Forum The Owner's Role in Project Management and Preproject Planning (2002) / Chapter Skim
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6. Weyerhaeuser Capital Management Process
Pages 23-27

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From page 23...
... In 1995, knowing that it had some problems in its capital system, the company started looking at different capital systems, among them being those presented today by DuPont and ChevronTexaco. Independent Project Analysis, Inc., began working with Weyerhaeuser at this juncture.
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From page 24...
... We've made some significant progress in IPA measures of cost index through our process organization. Safety is a very core business and competency in the Weyerhaeuser Company, and we've made some pretty good improvements there, but we are not where we want to be in safety yet.
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From page 25...
... The strategic gates are gate 0, the point of strategic validation, and gate 3, the appropriation request. The first three in Figure 6-1 are the front-end loading areas, and then the execution of the last two phases that we have, high leverage gates.
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From page 26...
... 26 o ~ ~ ~ E Ct it In :~ ~ U)
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From page 27...
... His responsibilities include project definition at the beginning of the projects, collecting the data, and coaching the project teams. He is a licensed professional engineer in California.
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Key Terms

  • key bets
  • larger projects
  • weyerhaeuser corporation
  • project definition
  • benchmarking manager

  • various people
  • project teams
  • business accountability
  • completely designed
  • financial key

  • company started
  • process lacked
  • core businesses
  • cost index
  • team representation

  • organization matrix
  • lacked discipline
  • project benchmarking
  • process organization
  • strategic gates

  • vice presidents
  • project analysis
  • allocation process
  • trained project
  • business leaders

  • independent project
  • major projects
  • decision maker
  • sawmill industry
  • sawing technology


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