November 19th, 2020 in Productivity
The project management lean method is more so related to manufacturing. However, it has applications for managing other projects. The main goal of lean is to reduce waste in projects, which produces a greater customer satisfaction and improved profit margin. If lean is not right for the project, Agile project management offers a broader management technique
According to the Project Management Institute, “To be Lean is to provide what is needed, when it is needed, with the minimum amount of materials, equipment, labour, and space.” Lean emphasises identifying and eliminating waste in the work processes, which helps increase efficiency.
In the project management lean method, value is specified by identifying the objectives, deliverables, and requirements of a project. The “value” is the end result of the project, or what the customer is purchasing. The value stream is the flow in which the product is created. It can be mapped out and analyzed to identify and eliminate waste in the process.
In terms of project management, scope creep, or uncontrolled scope change, adds waste. To avoid scope creep, have a strong communications plan. Assess the impact of new functionalities on the project objectives and receive formal approval from the customer or project committee. The value stream is as follows: value -> review -> approvals -> waiting -> inspection -> rework -> customer.
The value factors of lean include removing redundancies and creating a continuous flow of information while minimizing information handoffs. As well, other factors include balancing reviews and responsibility, improving communication systems, and maximizing concurrent processing. Lean also allows for the implementation of integrated product and process development.
How to Implement:
When to Use It: The project management lean method is used to optimize the manufacturing processes. Some of its principles, such as finding ways to eliminate waste, can be applied to other industries, such as software development. Lean is helpful for breaking down work into management pieces that can be measured and delivered faster and with a higher quality.
Project Management Institute. Lean Project Management.