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LEAN Project Management
â Lean project management is a methodology that prioritizes efficiency and minimizing waste by focusing on delivering maximum customer value with minimal resources, achieved through continuous improvement and streamlining processes to eliminate unnecessary steps.
✨Key aspects of lean Project management:-
🪴Mapping value stream : all the steps necessary to complete the project — determine (and eliminate) steps that do not create value. This value stream can be visually displayed on a board or shared across all concerned team members.
ðŸ“Create flow: With waste removed, it’s important to eliminate (or minimize) potential bottlenecks and unnecessary dependencies.
🧲Establish pull: Now that flow has been optimized, customers can get the final product in a more timely fashion.
🚧Seek perfection: While, arguably, there is no such thing as perfection, practicing lean means you are constantly seeking improvement — this step is the first in ensuring lean thinking and process improvement becomes embedded into corporate culture.
â Following are the benefits or advantages of lean project management :

* Reduce lead times and duplicacy.
* Lower inventory and storage costs
* Decrease overall costs
* Improve productivity and efficiency
* Improve quality
* Create higher customer satisfaction.
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