Implementing Lean Principles in Project Management

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Lean project management

MEMO
The lean project management is the concept of managing the structure of project management.
Each organization wants to be on the top and for that they timely makes changes in their plans.
But the most necessary thing to update the strategies is to make a plan which helps or project
which helps to derive some approaches to achieve the growth and development. The lean project
management derives some approaches which helps to maintain and manage the relevancy of the
projects or policies of organization. The consultancy Quantium had adapted the plan to get
growth and success. The memo helps to understand about the need and importance of lean
project management.
The reason of implementing the lean project management
According to the author the major reason of adapting the concept is that the lean project
management provides the significance and efficiency to the project. This is very necessary for
the organizations to determine the efficiency and effectiveness of the further approach or
planning they are delivering as this is most necessary to get growth and development. Another
benefit which can be achieved by the use of lean project management is that it constantly takes a
look over the structure of working management this observation helps to take a brief knowledge
TO All staff
CC Board of Directors
DATE 2 May 2019
SUBJECT The Introduction of Lean Project Management
(LPM) principles to secure government work

about the structure of organizational working. This observation determines the risk future risk the
assumption about future risk helps to make a management plan which helps to approach a good
working culture. The other benefit of this management plan is that it determines the concepts and
working criteria of different employees of the organization as this determination is most
necessary to work accurately (Sohi, et. al., 2016). The lean project management can be taken as
the concept which helps to understand the essential and most basic needs of the organization and
this is very common thing that the organization can only grow if they have the strong structure
and the concept provides that capabilities to the company. This it can be stated that the lean
project management provides a positive impact on the organizational growth and development.
Benefits to stakeholders
The stakeholders are the most needful key elements of the working culture of organization as the
stakeholders are the people who directly or indirectly relates to the organization. They are the
people who gives the initial base to organization. An organization cannot survive or even exist
without the involvement of stakeholders. The stakeholders of the organization are people like
creditors, employees, government and so on. The lean project management provides the desired
essentials to determine and understand the actual requirements of stakeholders so that it become
easy to make a balance with them (Sunder, 2016).
Government: the role of government is very lenient and necessary in the context of
organizational structure. As the government helps to make some significant and important
policies for the organizational basic culture. The lean project management is a concept which
works to determine the stability and sustainability of the organizational culture. These
significance which approached by the lean project management helps to determine the structure
of organization. Another benefit of lean project management for organization is that it provides
the determination about the required changes for the organizational growth (Lucas Machado, et.
al., 2017).
Investors: The investors are the most necessary part of organizational growth as they provides
the structure to the financial growth of the organization. The investors are the people who invest
their money for the organizational and their own growth and this can be understand that any of
the investor can only be interested to invest for the organization which have some potential and

attractive approaches. The lean project management provides the significant approaches which
can attract the investors towards organization.
Customer or clients: The customers or clients can be refer as the baser of the need of
organization as they are the only need of organization to achieve their goal and objectives. The
major need of clients is to get the satisfactory services or productivity and this productivity can
only be gained by an attractive and effective productivity. The LPM works for derive such
advantages (Lucas Machado, et. al., 2016).
Critical success factors
Lean portfolio management is a way of supervising a program by applying lean thinking. It is a
process of managing a product portfolio. This approach is goal oriented approaches which
prioritize and direct the work in the lean portfolio. The purpose of lean management is to
prioritization of work according to requirement. In this process timely inspections are of work is
conducted to achieve the desired result.
The need for critical success factors
Critical success factors are the actions which are necessary to be performed by the organization
to achieve its business goals as it permits a company to focus on the work and building their
capabilities accordingly to achieve the organization aim. This helps in achieving the goal of
company with the most effective tools and techniques within the assigned time. It helps in
providing the goal and achieving them on time. It helps the organization to focus on what
actually required, it works according to the need of the market. It focuses on what is most
important for business presently (Hartley, 2018). It is a selection of best among all goals which
can be achievable. It helps in measuring the performance of employees .it helps the senior staff
to coordinate with their team members to complete the work assigned to them .it is a process of
monitoring the actions and using the resources accordingly. It gives the most accurate results
within the allotted time period. It is a way to measure each and every task in a proper manner to
accomplish an organizational goal. It helps the company in determining to the most important
task and reporting timely about the completion of the task. It creates a clear picture of what the
company wants to achieve within the next few years. This helps in creating the ability to
cooperate with staff as well as management (Hartley, 2018).

References
 Hartley, S. (2018). Project management : A practical guide to planning and managing
projects (4th ed.). Crows Nest, N.S.W.: Allen & Unwin.
 Lucas Machado, Rosane Malacarne, Ricardo Mendes Júnior, & Robson Seleme. (2017).
The Integration Of Lean Construction With Project Management - A Systematic Review
Of Literature. Iberoamerican Journal of Project Management,8(1), 23-46.
 Sohi, Hertogh, Bosch-Rekveldt, & Blom. (2016). Does Lean & Agile Project
Management Help Coping with Project Complexity? Procedia - Social and Behavioral
Sciences, 226(C), 252-259.
 Sunder M., V. (2016). Lean six sigma project management – a stakeholder management
perspective. The TQM Journal, 28(1), 132-150.