Management tools & Engineering Economy

A new generation of management tools.

Competitiveness can be drastically enhanced

The possibilities for increased competitiveness lie in the uncertain factors - and see them early.

The Lichtenberg Principle can be used to handle these factors in a detailed, controlled and scientifically manner.

  • Intelligence and intuition are applied in a controlled manner.
  • Expert evaluations are implemented with accuracy according to a scientific procedure.
  • Together with a consistent top-down procedure this ensures that you work with the decisive factors.

Budget overruns and delays can be eliminated

This Principle is a fundamental tool in Engineering Economy:

  • Integrates cost estimates with risk analysis and budgetary control.
  • Cost estimates are supplied with proper allowance for unpredictable situations.
  • Schedules are also supplied with proper allowance for unpredictable situations.
  • These results are thoroughly documented.

Transition from sales to production is highly improved.

Misunderstandings and insufficient information between these two parties are avoided using the Successive principle. It further qualifies the plan and related budget.

Strategic analyses with higher accuracy

The Lichtenberg Principle takes advantage of intelligence and intuition as a strategic management tool.

  • Intelligence and intuition is used in a controlled scientifically based manner. A high efficiency is ensured through a consistent focus on the key issues.


Case of the month

A company snatches a contract from under the noses of major international competitors due to its proactive approach

A relatively small Scandinavian company (which we shall call K) tendered for an international defence contract in Australia to a value of more than a billion dollars. Early in the proceedings K used the Successive Principle. In spite of a heavy competition K was awarded the contract, executed the project and, what is more, made the anticipated profit.

Read the full case

Steen Lichtenberg

Dr. Steen Lichtenberg

Lichtenberg & Partners
Strandvejen 203
DK-2900 Hellerup
Denmark
  • Tlf
  • +45 3940 1171
  • Mail
  • steen (at> lichtenberg.org


Management tools & Engineering Economy: a new generation
The Lichtenberg Principle improves competitiveness with intuition. It eliminates cost overruns & delays and increases accuracy of strategic analyses.