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Lean Project Management Principles

   

Added on  2022-12-19

11 Pages3671 Words33 Views
Business DevelopmentLeadership ManagementProfessional Development
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Running head: LPM 1
Lean Project Management Principles
Name
Institution
Lean Project Management Principles_1

LPM 2
To: All Employees
From: Lean Project Management Director
Date: May 8th, 2019
Subject: Lean Project Management Principles
As of today, the board of directors of this firm has reached a decision to introduce LPM
principles in all future projects in order to eventually be eligible for government work. This
decision was reached after the need to undertake government work was halted as a result of the
requirement to show compliance with Lean Project Management Principles.
Lean project management is centered on managing waste and reducing the cost through
automation and continuous enhancement of efficiency. It always relies on a combination of
technological systems, small workforce and change reorganization process. Each of these aspects
can present challenges to the overall performance of an organization. As a result, these
challenges need to be overcome so that an organization has to achieve lean project management
principles. Therefore, the need to understand these issue influences the development of lean
project management (Zhou, 2016).
Lean management practices constitutes the management of storage time for incoming and
outgoing resources. Therefore, a lean strategy will require the implementation of a better
ordering system that will ensue raw materials will always be coming at the right time to meet
operational demands. To realize this objective, it requires close collaboration with suppliers. This
nature of collaboration is able to introduce a number of challenges that project managers in two
companies must cooperate to ensure smooth operations.
Employee development is a lean project management that is centered on maximizing the
impact of employee to the overall performance of an organization. In this regard, technological
infrastructure needed to manage supply chain and control systems require well-educated and
trained employees who can perform their duties professionally and with integrity. Employees
who handle sophisticated machines need to inspect, repair and design new approaches for
growth. Furthermore, the technical employees in the workplace require safety certificates and
special licenses in order to operate and maintain various systems (Zhou, 2016). For this reason,
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they ought to be compensated better compared to other employees. Managing employee
concerns is one way that lean management practices can be implemented.
Adopting lean practices often disrupt the normal ways of operation in an organization.
For this reason, successful implementation of lean project management demands a smaller
workforce that is committed and dedicated to a wide range of responsibilities. It requires
employees who are committed to waste reduction through changing familiar work operations.
Also, it involves modifying incentives and rewarding ideas and behavior that promote reduction
of cost, time and waste. In essence, everyone involved in the lean management implementations
should be committed to oversee each and every sector of operations to ensure they are
continuously improved.
Lean project management principles often attract a significant amount of investment with
respect to technology. Among these investments include new production system and statistical
analysis software that play a significant role in monitoring performance on various levels of
operations (Zhou, 2016). Choosing the right system for the right job plays a crucial role in lean
project management. This is because one of the benefits of lean project management is to ensure
automation is integrated into the business as much as possible. Therefore lean project
management can be said to be reliant on technology rather than traditional ways that have been
used to increase efficiency within the workplace.
Lack of these practices within our organization has contributed to failure to access
tenders from the government. Hence, through implementing some of the lean project
management strategies, the company may be in a position to bid for government tenders
successfully.
Benefits of Lean Project Management Principles
There are various benefits that can be gained from implementing lean project
management principles.
Lean project management principles helps to increase visibility with respect to who is
doing the work, tasks in priority, short and long-term plan, risk and project status. Essentially, it
seeks to make information available to team members and senior management. Besides, LPM
helps to make the organization workers happy (Plenert, 2016). This is because the principles
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helps to make stakeholders know about projects particularly concerning goals and objectives in
order to understand tasks and their contribution.
Lean project management principles often play a significant role in providing greater
control because of available knowledge (Young, Hosseini & Lædre, 2016). Knowledge is
significant to facilitate decision making in the organization. As a result, lean project management
ensures that it makes information available so that team members can manage risks and
resources in a more efficient way. Through providing sufficient information, team members are
motivated consequently resulting in responsive and agile development system (Dave et al.,
2016).
LPM principles offer more options to organizations. Whenever organizations feel stuck,
it is crucial to implement new strategies concerning LPM in order to improve the performance of
an organization. An organization that is lean always has alternative routes to success and have
the ability to choose the best path for an organization.
An organization that has implemented lean strategies is likely to offer better products.
More control and options assist an organization to meet its objectives which is tied to the
delivery of high value products to customers and business (Nicholas & Steyn, 2017). These lean
principles helps an organization to know what its customers want and be in a position to control
the development system. In addition, lean practices helps to ensure the customers are satisfied
through the products. As a result, employees are motivated and committed to always improve
their products for their customers.
Another benefit of LPM is that it helps to facilitate faster project. This is realized as a
result of greater knowledge with respect to products development system, better decision making
capabilities and less time spend in resolving conflicts.
Nonetheless, LPM gives a business the sense of accomplishment. Therefore, projects
need to be completed before an organization misses the market, sidelined by competitors or lose
sales. In essence, organizations often feel satisfied through meeting goals quickly as well as
making high quality and high value products (Kiznyte, Welker & Dechange, 2016).
Lean project management principles play an integral role in organization by ensuring that
they get higher profits through satisfying various conditions in the market. In addition, lean
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