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What project management can learn from
falcon heavy
SPACE
Group #5
Outline
Introduction
SpaceX company
Project portfolio
Falcon Heavy Launching
Risk management
Analysis
Conclusion
Introduction
• Objective: What PM can learn from
SpaceX?
• Mission: SpaceX designs, manufactures
and launches advanced rockets and
spacecraft. The company was founded in
2002 to revolutionize space technology,
with the ultimate goal of enabling people
to live on other planets.
• Vision: Life becoming multi-planetary and
to colonise Mars
SpaceX
• SpaceX designs, manufactures and
launches advanced rockets
and spacecraft.
• The company was founded in 2002
by Elon Musk.
• It is a US based private company.
• The ultimate goal being enabling
people to live on other planets.
• It is the only private company ever
to return a spacecraft from
low-Earth orbit.
Quick facts
• Headquarter; Hawthorne, California
• Over 7000 employees
• 3 vehicles - Falcon - Dragon - Falcon Heavy
• Over 70 launches
• Company value at $21B
• $100,000 Tesla car and Spaceman
• Launched with David Bowie’s song “Life on Mars?”
• Names taken from Star Wars
• Iron Man 2 was filmed in SpaceX factory
• Elon Musk was in Iron Man 2
Fun facts
SpaceX project portfolio
Products
• Falcon (1,9)
• Falcon Heavy
• Dragon
• Autonomous spaceport
drone ship
• Engine
Related projects
• Interplanetary
Transport System
• Global internet
• Hyperloop (vactrain)
Falcon Heavy Launching
Key Dates
• April 5th, 2011 – SpaceX announced the project
• 2013-2014 – Established dates
• February 6th, 2018 – Successful launch
Key People
• Elon Musk – CEO, CTO
• Thomas Mueller – CTO
Key Steps
• Falcon 1 -> Falcon 9 -> ASDS
Key Numbers
Price $90 M
People involved 7000+
Successful launch 1
Engine 3 x 9 = 27
Height 70 M
Weight 1420 Tons
Payload 54.4 Tons
Investment R&D $500 M
Risk Management
• Technical Risks
• That 27-engine liftoff
• Going throw MAX-Q
• Falling ice
• Booster separation
• Coasting throw a radiation barrier
• Environmental Risks
• External Risks
• Financial Risks
• Safety Risks
Analysis
• Budget Management
• Negotiation
• Resource & Cost Allocation
• Innovation
• Risk Management
• Priorities risks
• Risk acceptance
• Strict Quality control
• Time Management
• Release short-term goal
for the public
• Clear deadlines
What PM can learn from SpaceX
Analysis
• Leadership
• Critical thinking
• Set common mission
• Musk’s 3 rules
• Communication
• Open communication
• Trust
• Even the new project
is not very new
What PM can learn from SpaceX
Conclusion
• The most powerful and cheapest rocket in the world
• First private rockets’ company
• First safe return of the boosters on land and sea
• PM can learn budgeting, risks and time management,
leadership and communication.
Elon Musk is just amazing
Thank you for your attention.
Ask any questions,
but
keep in mind, this team is EXTREMLY passionate about this
project. discussions will take hours!

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What project management can learn from Falcon Heavy launch

  • 1. What project management can learn from falcon heavy SPACE Group #5
  • 2. Outline Introduction SpaceX company Project portfolio Falcon Heavy Launching Risk management Analysis Conclusion
  • 3.
  • 4. Introduction • Objective: What PM can learn from SpaceX? • Mission: SpaceX designs, manufactures and launches advanced rockets and spacecraft. The company was founded in 2002 to revolutionize space technology, with the ultimate goal of enabling people to live on other planets. • Vision: Life becoming multi-planetary and to colonise Mars
  • 5. SpaceX • SpaceX designs, manufactures and launches advanced rockets and spacecraft. • The company was founded in 2002 by Elon Musk. • It is a US based private company. • The ultimate goal being enabling people to live on other planets. • It is the only private company ever to return a spacecraft from low-Earth orbit.
  • 6. Quick facts • Headquarter; Hawthorne, California • Over 7000 employees • 3 vehicles - Falcon - Dragon - Falcon Heavy • Over 70 launches • Company value at $21B • $100,000 Tesla car and Spaceman • Launched with David Bowie’s song “Life on Mars?” • Names taken from Star Wars • Iron Man 2 was filmed in SpaceX factory • Elon Musk was in Iron Man 2 Fun facts
  • 7. SpaceX project portfolio Products • Falcon (1,9) • Falcon Heavy • Dragon • Autonomous spaceport drone ship • Engine Related projects • Interplanetary Transport System • Global internet • Hyperloop (vactrain)
  • 8.
  • 9.
  • 10. Falcon Heavy Launching Key Dates • April 5th, 2011 – SpaceX announced the project • 2013-2014 – Established dates • February 6th, 2018 – Successful launch Key People • Elon Musk – CEO, CTO • Thomas Mueller – CTO Key Steps • Falcon 1 -> Falcon 9 -> ASDS
  • 11. Key Numbers Price $90 M People involved 7000+ Successful launch 1 Engine 3 x 9 = 27 Height 70 M Weight 1420 Tons Payload 54.4 Tons Investment R&D $500 M
  • 12.
  • 13. Risk Management • Technical Risks • That 27-engine liftoff • Going throw MAX-Q • Falling ice • Booster separation • Coasting throw a radiation barrier • Environmental Risks • External Risks • Financial Risks • Safety Risks
  • 14. Analysis • Budget Management • Negotiation • Resource & Cost Allocation • Innovation • Risk Management • Priorities risks • Risk acceptance • Strict Quality control • Time Management • Release short-term goal for the public • Clear deadlines What PM can learn from SpaceX
  • 15. Analysis • Leadership • Critical thinking • Set common mission • Musk’s 3 rules • Communication • Open communication • Trust • Even the new project is not very new What PM can learn from SpaceX
  • 16. Conclusion • The most powerful and cheapest rocket in the world • First private rockets’ company • First safe return of the boosters on land and sea • PM can learn budgeting, risks and time management, leadership and communication. Elon Musk is just amazing
  • 17. Thank you for your attention. Ask any questions, but keep in mind, this team is EXTREMLY passionate about this project. discussions will take hours!