The document outlines key lessons in project management derived from SpaceX's Falcon Heavy project, emphasizing the company's innovative approach and milestones since its establishment in 2002. It details aspects such as project portfolio, risk management strategies, and essential leadership principles exemplified by CEO Elon Musk. The document concludes that successful project management can learn valuable lessons in budgeting, risk assessment, time management, and effective communication from SpaceX's achievements.

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

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)

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

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!