Understanding Turnkey Projects: A Guide

Turnkey projects are those in which a product is produced and delivered to a client ready for immediate use. All the client has to do is set up or install the equipment. If you operate an industrial unit and you have not worked on a turnkey project before, you may be wondering about what it actually involves. Below is a guide to 4 key stages of any turnkey project which you will need to monitor and manage in order to produce a successful end product.

Project planning

The first step of any turnkey project is careful planning. Ideally, your engineers should spend some time evaluating current products and solutions which are on the market while also considering the needs of the customer or client. Remember, every turnkey project should produce a product which meets the needs of the client and overcomes challenges faced by the client. If it does not, it will be deemed a failure. Project planning should also take into account the budget for the project and the cost of producing one unit. If the cost of building a unit is too high, it will be very difficult to sell.

Design

Once engineers have assessed the problem and the current solutions which are in place, they will be in a position to create designs for new products which solve the client's problem. The team should then make a detailed list of the different types of equipment and supplies they may need during the project. Ideally, this part of the project should be lead by an experienced project manager who will be able to motivate the design team, think creatively and establish project deadlines.

Building and testing

Once a design has been finalised and signed off on by the client, the production team can build a prototype product. During the assembly phase, any issues which affect your progress should be recorded and addressed. For example, if working on a particular part causes machinery to overheat during production, this will need to be addressed before mass production can begin. Once the prototype is complete, you will need to carry out extensive testing to establish the operating limits of the product and to test whether it meets any legal safety requirements.

Delivery 

Once the prototype has been tested, you can use what you have learnt during the turnkey project to begin production and deliver an outstanding product to your client.

For further information, contact a turnkey project management company today.


Share