Implementing Lean Project Management to Dream Home

Running head: IMPLEMENTING LEAN PROJECT MANAGEMENT TO DREAM HOME
Implementing lean project management to dream home
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IMPLEMENTING LEAN PROJECT MANAGEMENT TO DREAM HOME
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Table of Contents
1a) Choosing the suburb........................................................................................................................2
1b) Deciding the land size.....................................................................................................................2
1c) Choosing the best builder................................................................................................................3
1d) Stakeholders of the Project..............................................................................................................3
2a) Design and layout............................................................................................................................4
2b) Detail explanation of project management process.........................................................................5
3 Detailed explanations to achieve lean project management for this initiative...................................6
References:..........................................................................................................................................12

IMPLEMENTING LEAN PROJECT MANAGEMENT TO DREAM HOME
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1a) Choosing the suburb
Lean project management is the implementation of various kinds of lean manufacturing
practices. These are intended for the practice of project management. Here, the aim of project
management has been to maximize the value with decreasing the overall waste. In the current
project, the first the suburb to be built is to be identified. Then the land size is to be decided to be
bought. Here, the market is to be researched and the effective home builders are to be built
constructing the dream home. Next, the design or layout is finalized and agreed on the expense to
develop the house with the builder chosen. Further, a deal is to be entered. Ultimately, an application
is to be submitted to Keystart to gain the finance for building the dream home. For choosing the
suburb the SU or “starting up the project” phase for PRINCE 2 is to be considered. It must be
designed for assuring the primary stakeholders with a rewarding and reasonable undertaking. Here,
the trigger for the SU is the mandating the project, which is the document delivered from the side of
commissioning of business. This is to explain the reasons and aims of the projects and high-level
estimations of cost and times (Sunder, 2016).
1b) Deciding the land size
For this, an eco-friendly and cost-effective land is needed to be chosen. Here, a business case
and must be documented to outline the business case. This can never be documented until the stage
of initiation. Next, the project approach is to be looked at to examine the most effective meth to
perform the project and gain the advice for other projects as the format of lessons learnt, specialists
and the external knowledge. Further, the people will be chosen to initialize the project and other
roles in the team of project. Then, a project brief is to be created to deliver the data on the project
scope and must data gathered while the process goes on. Moreover, an in-depth stage is to be created
for planning the tasks to be performed at the initial stage (Brioso, 2015).

IMPLEMENTING LEAN PROJECT MANAGEMENT TO DREAM HOME
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1c) Choosing the best builder
Further, the best builder is to be chosen from the PRINCE 2 guidelines. For this DP or
directing the process, enabling the project board for delegating daily liabilities of the project to
project manager is to be included. Considering the vital decisions and then exercising the ultimate
management of the entire project is to be done. The reason is that project board has been accountable
for the failure or success. Besides, an ad hoc direction is to be provided. Cases, where the board of
the project should be providing the ad hoc directions to the manager, must involve various requests
for advising. This must involve confirming the options available to deal with the issue of project
(Oakland & Marosszeky, 2017). Further, the report is to be deliveries with the issue report, highlight
report and exception reports. Besides there must be alterations of project environment and issue
raised through project board and program and corporate management decisions with risk
identifications.
1d) Stakeholders of the Project
Apart from this, the PRINCE2 reveals that the current must comprise of the agreed and
defined responsibilities and roles under the structure engaging supplier stakeholder interest, user and
business. As per the PRINCE 2, the project comprises of three fundamental stakeholders. Thee re the
suppliers, users and business sponsors. The business sponsors are the people assuring the project
provides the value for the money. Apart from this, the uses must utilize the products created and gain
advantages (Orzen & Bell, 2016). Again, the suppliers must deliver the expertise and resources to
the current project and generate products. Besides, it denotes the fact that the stakeholders should be
represented under project management team ad project board. It must be performed with various
default roles of PRINCE 2. The project board must comprise of the executives the business-oriented
people liable for those projects, senior users where the individuals represented the ultimate
requirements of users in the board, senior suppliers representing supplier interests (Ansah,