What Is Lean Project Management?

What Is Lean Project Management?


Lean project management is a way to deliver more value to customers while creating less waste for the business. It is developed by Toyota and is based on five lean principles: value, value stream, pull system, continuous flow and perfection. The benefits of lean project management include greater visibility into the manufacturing process, more control, better decision-making and empowers teams, boosting productivity and morale, faster projects due to having to respond to fewer issues, and increased customer satisfaction. To reap all these benefits, you need project management software that provides visibility and connection. ProjectManager is cloud-based software that shares data across multiple project views.
Lean project management is a form of agile project management that focuses on delivering value to customers and stakeholders. It applies the five principles of lean project management, codified in 1997 by the Lean Enterprises Institute (LEI). These principles include value, value stream, continuous flow, pull system, and perfection. Value is defined by the customer, client or stakeholder, and the value stream should map all the steps and processes in the manufacturing cycle. Continuous flow should occur in tight sequence, and pull system should lead to faster time-to-market. Perfection is spreading the philosophy throughout the entirety of the business, and everyone must strive to better themselves and the processes they're involved with.