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Implementing Lean Project Management

   

Added on  2022-12-21

14 Pages3954 Words1 Views
Running head: IMPLEMENTING LEAN PROJECT MANAGEMENT
PPMP20009 Leading Lean Projects: Implementing Lean Project Management to Build Your
Dream Home
Name of the student:
Name of the University:

1IMPLEMENTING LEAN PROJECT MANAGEMENT
Table of Contents
Introduction......................................................................................................................................2
1. Selection and explanation on project management process........................................................2
a. Selection of Suburb and decision for the land size..................................................................3
b. Selection of best builder..........................................................................................................3
c. Identification of stakeholders for the project...........................................................................4
2. Factors and processes that influence the design and layout of the dream home.........................5
2.1 Factors....................................................................................................................................5
2.2 Project management processes used to determine the design or layout................................6
3. Explanation on the way how lean best prcatices can be implemented........................................7
Conclusion...................................................................................................................................9
References......................................................................................................................................10

2IMPLEMENTING LEAN PROJECT MANAGEMENT
Introduction
Different approaches and ways are there can be used to organize a specific project
following which the project can be governed towards defined goal and objectives. It is duty of
supervisor and other team people to make sure that all project management specifications are
followed thoroughly in project life cycle (Binder, 2015). The efficiency, effectiveness and
success of any project are dependent on the ways how different development processes are
followed.
The function of the assignment is to identify the application of lean project administration
while building a dream home in a nominated location. The location and land size those have
been selected for building the dream home is Leederville, Perth and 0.25 Acre or 10890 sq feet.
However, the final size of this land is dependent on budget that can be spent. In order to
construct the dream home potential builders are selected. The project stakeholders are identified
and the factors that influence the design layout project are elaborated in this paper.
1. Selection and explanation on project management process
In order to select and explain the project details such as-site selection, land size
estimation, best builder selection, and stakeholder identification, PRINCE2 is the best suited
project management process. Project management process is referred to as an administrative
sequence that project supervisor needs to follow to implement any project successfully in
assigned budget and time. After approval from the supervisor and customer the project initiates
(Heldman, 2015). The process of project management includes documentation, project plan
details, project meeting, management methods, resource management information exchanges etc.
The government of Western Australia has approved the project and it is suggested that among
PRINCE2 and PMBOK, PRINCE2 is the most suitable for execution of this project.
For the dream home building project PRINCE2 project development methodology is
much essential. The certification scheme is comprises of two levels- foundation and practitioner.
Though PRINCE2 is used as a standard for IT projects earlier but these days this methodology is
applicable or construction projects as well. This method is suitable because it is widely
recognized from the project management and business operational perspectives (Banihashemi et

3IMPLEMENTING LEAN PROJECT MANAGEMENT
al., 2017). It gives a perfect starter qualification to supervisor and project clients as well. In
addition to this, it also gives accountability and flexibility to the team associates (Kerzner &
Kerzner, 2017). PRINCE2 highlights continuous business justification as well as risk
management opportunities to the team associates. PRINCE2 method is comprises of various
themes, principles and processes that help to keep any project viable from the operational
perspectives. PRINCE2 can break any project into smaller segments to keep all the steps
updated. Project spiraling issues will be decreased and supervisor can also track the intended
goals in a much easier way. This method is cost and time effective. The method will take lesser
time to predict and identify uncertainty and risks. It supports minimum number of meetings.
PRINCE2 methodology does not require any additional license fees (Ferrada et al, 2016).
Moreover, it can be said that, PRINCE2 is compatible with other project management
certifications because it allows the supervisor and associates to avail technical framework or
project structure. PRINCE2 methodology complements softer expertise learnt in all other
documentation (Todorovic et al., 2015). The methodology gives strategic direction, analysis and
execution abilities to the team associates. The dream home building project will get organized
development structure with the help of PRINCE2 development methodology. Moreover,
PRINCE2 explains business benefits to the team associates.
a. Selection of Suburb and decision for the land size
The suburb was chosen after analyzing different project management processes that can
be used to execute an error free project. The new job destination is Perth, Australia and for
building dream home the nominated location is Richmond and Oxford Street, Leederville, 6007.
The land size purchased to execute the dream home construction is of 0.25 Acre or 10,890 sq
feet.
b. Selection of best builder
After analyzing the market status and competitors throughout Richmond and Oxford
Street, Leederville, the builder who has been selected for execution of the dream home project is
Azure Luxury home. The size and location are selected based on estimated budget measured at
the early stage. Before finalizing the land layout or design, cost estimation is essential.
The deposit for AUD$2000 will be paid for construction of the dream home in Perth and
a pre work construction contract was also signed with the builder.

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