The “Lean” Project

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Lean is an often-used adjective in business these days, but there’s some confusion over its exact definition. In essence, the goal of Lean is to maximise value while minimising waste. In other words, creating more value for the customer with fewer resources. Lean was born on the factory floor, so many people think of it as a manufacturing technique. However, that’s a misconception because every process, whether in production or services, can benefit from a Lean approach. Today, Lean is finding a home in every industry from finance to healthcare.

The attached slideshow developed for classroom presentation purpose, will help demystify and describe Lean. You’ll find here some useful information to guide you through a Lean implementation project. Lean practices can also be applied to the project management process itself.

Core Principles

The adoption of Lean thinking owes … Read More »



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Free Book: “Managing Smaller and Medium-Sized Projects” by Dr Jim Young PMP

I acknowledge with sincere appreciation the contributions to this book from numerous clients, student, colleagues, friends and project management practitioners. Their sometimes unwitting input...

The “Lean” Project

Lean is an often-used adjective in business these days, but there’s some confusion over its exact definition. In essence, the goal of Lean is...

Monte Carlo Simulation

The Project Management Body of Knowledge (PMBOK Edition 6) advocates the use of Monte Carlo simulation for performing quantitative risk analysis.

In the project management...