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Early Equipment Management

Early Equipment Management (EEM) is one of the Pillars of World Class Manufacturing (WCM).
The EEM Funnel graphically illustrates the methods and techniques designed to funnel key business decisions at the appropriate time.
The overriding elements of all projects have a direct link with each other.

For example, if you fast-track an investment and if the scope remains the same, then the cost of the investment will increase, but in this instance you may find the benefit realisation is earlier, therefore the question is does the additional benefit out weigh the additional cost in bringing the project in earlier than planned?

Updated on 5th May 2020

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