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Introduction of Lean Project Management

   

Added on  2023-03-23

12 Pages3836 Words57 Views
Running head: LEAN PROJECT MANAGEMENT
Lean Project Management
Name of the Student
Name of the University
Author Note

Memo
To: Board of Directors
From: Name of the Student
cc: CEO
Date: 16/05/2019
Re: Introduction of the Lean Project Management
Introduction:
Lean project management is an important concept in the aspects of successful and
efficient accomplishment of the projects. This principles of lean project management is crucial
for management of the major future projects (Sunder, 2016). Governmental works can be easily
managed through the implementation of the concept of lean project management. With the
governmental works the lean project management will be beneficial for the many of the business
organizations and regarding this discussion will be done in the following sections of this
document.
It has been assessed that the enactment of the lean project management will be crucial for
tackling the complexities which most of the governmental project consists (Brioso, 2015). From
various of studies it has been assessed that lead project delivery system model is capable of
managing the issues which is faced in every phases of the project and this is actually very much
useful for the organizations. The lean project management mainly consists three important
concepts which includes lean assembly, lean design and the lean supply. All of these three are
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important for managing of the government based projects. One of the main benefit of this lean
project management is that the production related area can be improved heavily (Oakland &
Marosszeky, 2017). The project deliverable transformation is possible to manage through the
utilization of lean project management concept.
Following the aspects of the lean project management this memo is comprising some
important concept regardign lean project management which are important for the organizations
to successfully complete a project. With that the memo will also discuss important benefits
which are gained by stakeholders during the project execution. There are several of steps which
are significant for the successful employment of the lean project management. Through this
memo all of these steps will be conveyed to the broad of directors of the organization. It has been
assessed that for a successful implementation of the lean project management proper training of
the employees is very much important which will be discussed through this memo. Important
reasons behind applying the lean project management will be also discussed in this case.
Initial Reasons for Implementation of the Lean Project Management:
There are several of reasons for applying the lean project management and in this aspects
one of the main important reason is successful completion of the project. With that it has been
also assessed that the principles of the lean project management is crucial for almost every
organizations for improvement in efficiency and productivity of the stakeholders (Ansah,
Sorooshian & Mustafa, 2016). From the statement of many researchers it has been assessed that
decisions within the organizations can be improved significantly by utilizing the principles of
lean project management. Lean project management is also important for improvements in the
structure of the organizations. The lean project management is not only limited within that but
also the lean project management can provide greater visibility to a project which is executing
currently (Dabestani et al., 2017). With that an improved control over the project is also provided
by the concept of lean project management. Executions of the project also becomes faster due to
the application of the lean project management.
Due to all of the above identified reason the lean project management holds a greater
importance to the organizations and the businesses. Thus due to all the above identified reasons it
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is important to implement the idea of lean project management for successful completion of the
projects.
Benefits gained by the Stakeholders by Implementing LPM:
In an executing project there are several areas of improvement through which the
stakeholders of the project can gain some major benefits. This improvements will be not only
beneficial for the stakeholders but this is actually beneficial for all the aspects of project
management procedures. It has been assessed that the lean project management is one of the
main ways for gaining this improvement area which should benefit the stakeholders of the
project. The first area which can be improved through applying the lean project management is
management of the team complexity (Sohi et al., 2016). Through utilization of the lean project
management complexity of the team or the processes of the project management can be managed
through which actually the stakeholders get benefitted as managing the stakeholders becomes
very much easy. It has been assessed that through implementing the concept of lean project
management business processes becomes more efficient and again through this all the assets
related with that particular project gets benefitted and stakeholders of the project is also
benefitted in this case as they are the important part of the executing project. Increment in the
productivity of the team is another benefit aspect which is gained through the implementation of
lean project management (Elias, 2016). As the efficiency of the team will be enlarged it is very
much obvious that the overall project will be also benefitted due to this factor and in this aspect
the stakeholder of the project will be also benefitted.
With all of these factors the lean project management is also capable of decreasing the
overall cost of the project (Nicholas & Steyn, 2017). As the cost of the project is decreasing it is
beneficial for the whole project and indirectly this is also benefiting all the stakeholders of the
project. With saving financial assets of the projects the lean project management is also capable
of increasing the overall morale of the team. As the morale of the team is increasing it is obvious
that the team will be more motivated towards their work thus productivity of the project will be
improved and due to this factor stakeholders of the project will be benefitted. While a project is
being executed there can be various of changing priorities within the project. This changing
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