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TERM PAPER
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Running head: LEAN MANAGEMENT
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Lean Management
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LEAN MANAGEMENT
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Table of Contents
Introduction ..................................................................................................................................... 3
Purpose of proposal ......................................................................................................................... 4
Research questions .......................................................................................................................... 4
Restrictions ...................................................................................................................................... 4
Interpretations on lean management ............................................................................................. 4
History of lean .................................................................................................................................. 5
The concept of lean management ................................................................................................... 6
Principles of lean management ....................................................................................................... 6
Specify value ................................................................................................................................ 6
Identify the value stream ............................................................................................................. 7
Flow .............................................................................................................................................. 7
Pull ............................................................................................................................................... 7
Perfection..................................................................................................................................... 8
Source criticism on lean ................................................................................................................... 8
No consideration for human aspects ........................................................................................... 8
Lack of creativity .......................................................................................................................... 8
Applying lean thinking in project management............................................................................... 8
Nature of project work .................................................................................................................... 9
How to implement lean thinking in project management ............................................................ 10
Managing specify value.............................................................................................................. 10
Identifying the value stream ...................................................................................................... 10
Increasing flow ........................................................................................................................... 11
Pull concept................................................................................................................................ 11
Perfection or continuous improvement .................................................................................... 11
Eliminating waste ........................................................................................................................... 12
Waste in projects ........................................................................................................................... 13
Forms of waste in lean project management ................................................................................ 13
Unnecessary transportation ...................................................................................................... 13
Inventory waste ......................................................................................................................... 14
The waste of motion .................................................................................................................. 14
The waste of waiting .................................................................................................................. 14
The waste of overproduction..................................................................................................... 14
The waste of over-processing .................................................................................................... 15
The waste of defects .................................................................................................................. 15
Conclusion ...................................................................................................................................... 15
References ..................................................................................................................................... 17
LEAN MANAGEMENT
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Introduction
Project management plays a key role in the running of most organizations today. Several
business activities undertaken in the form of projects are crucial to the productivity and
efficiency of the entity. A number of businesses fail to deliver projects on time or within set
budget (Ballard, & Tommelein, 2012). Failure to achieve success in these projects may lead to
consequences such as customer dissatisfaction, delayed product introduction into the market and
a significant drop in the organizations superio...