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Demand Management

Demand Identification and Prioritization

Identify and document all project demands and requirements

Evaluate and prioritize demands based on strategic alignment and business impact

Engage stakeholders to gather their input on demand prioritization

Develop a clear understanding of the resource capabilities and constraints

Establish a demand intake process to capture and record new demands

Demand Planning and Forecasting

Analyze historical data and trends to forecast future demand

Consider external factors that may influence demand, such as market conditions or regulatory changes

Collaborate with cross-functional teams to refine demand forecasts

Evaluate the feasibility and viability of meeting the projected demand

Develop contingency plans to address potential demand fluctuations

Resource Capacity Assessment

Assess the current capacity of available resources, including personnel, equipment, and materials

Identify any gaps between demand and available capacity

Evaluate the need for additional resources or adjustments to existing resources

Consider the utilization rates and efficiency of resources to optimize capacity

Regularly review and update resource capacity assessments

Demand Prioritization and Approval

Define clear criteria for prioritizing demands, considering strategic objectives, urgency, and business value

Establish a standardized process for demand review and approval

Engage relevant stakeholders in the demand prioritization and approval process

Document the rationale behind demand prioritization decisions

Communicate approved demands to the appropriate teams and individuals

Demand Tracking and Reporting

Implement a system or tool to track and monitor demand throughout its lifecycle

Regularly update demand status and progress in the tracking system

Generate reports to provide visibility into demand status, resource utilization, and overall demand management performance

Share demand-related reports with stakeholders to ensure transparency and facilitate decision-making

Continuously review and refine demand tracking and reporting processes

Demand Review and Reassessment

Conduct regular reviews of demand status, resource utilization, and overall demand management effectiveness

Identify and address any bottlenecks, resource constraints, or changes in demand patterns

Engage stakeholders in the reassessment process to adapt to evolving business needs

Make necessary adjustments to demand prioritization, resource allocation, or capacity planning based on the review findings

Continuously improve and optimize the demand management processes

Note: This checklist serves as a general guideline for demand management in engineering organizations. The specific steps and sections may vary depending on the organization's size, industry, and unique requirements.

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