What is Lean Project Management, and what are best practices, tools and online templates for teams and organizations?
Definition of Lean Project Management
Lean Project Management is defined by the use of other lean concepts, such as lean innovation, lean manufacturing and lean thinking to project management. The main tenet of Lean Project Management is providing more value with less waste, which should result in higher quality at a reduced cost.
Description of Lean Project Management
There are five key Lean Project Management principles: Value, Value Streams, Flow, Pull, Perfection.
Value: This is the primary principle in the Lean Project Management system, because it occurs before the project even starts. It defines what will bring most value to the customer and provide the best functionality of the product for the customer. In other words, it is defining what a customer is willing to pay for.
Value Streams: During this step, managers create a map of the product life cycle. It starts with raw materials and ends with a final finished product delivered to a customer. In this step, it is important to reduce waste by identifying what value each step in the production of a product brings to the final result. If a step does not provide value, it should be eliminated.
Flow: After the wasteful steps are removed, the project should flow effortlessly, which is the focus of the third step in the Lean Project Management process. This step ensures that interruptions and delays are minimized.
Pull: This step needs a high level of flexibility because it is customer-centric and requires managers to act upon customer requests. This step runs opposite to traditional manufacturing approaches, which tend to “push” products based on sales forecasts. The Pull principle waits for customer demand to occur, ensuring that orders are created on an as needed basis.
Perfection: This step should occur by following the above steps in an ongoing manner. The continual pursuit of perfection is what improves quality and eliminates waste and finally, makes Lean Project Management more efficient.
Tools & Templates
Various Project Management methods, Risk Assessments and Process Maps can all be used to provide insights, data and additional support when using Lean Project Management.
upBOARD's Online Lean Project Management Tools & Templates
Unlike most traditional Lean Project Management techniques, upBOARD’s online Lean Project Management tools allow any team or organization to instantly begin working with our web templates and input forms. Our digital platform goes far beyond other software tools by including progress dashboards, data integration from existing documents or other SaaS software, elegant intuitive designs, and full access on any desktop or mobile device.
Learn more about upBOARD’s portfolio of other project management best practice tools and templates including:
Action Item List, Agile Project Management, Benefits Realization Methodology, Critical Chain Project Management, Critical Path Chart, Critical Path Method, Event Chain Methodology, Extreme Project Management, Gantt Chart, Integrated Project Management, Issue Tracker, IT Roadmap, Lean Project Management, Lean Six Sigma, PMBOK Project Management, PRINCE2 Project Management, PRiSM Project Management, Process-Based Project Management, Program Management, Project Budgeting, Project Charter, Project Portfolio Management, Project Portfolio Timeline, Project Risk Management, Project Schedule, Project Scorecard, Project Timeline, Project Tracker, Requirements Breakdown Structure, SCRUM Project Management, Skills Requirement Checklist, Task List, Time Card, To Do List, Waterfall Project Management, and Work Breakdown Structure.