This project delves into the application of lean project management principles in building a dream home. The assignment begins with the selection of a suitable suburb in Western Australia, specifically Dalkeith, considering factors like cost, amenities, and proximity to Perth. It then explores the process of choosing a builder, emphasizing the importance of reputation, licensing, and the Key start initiative. The project identifies key stakeholders, including the project sponsor, contractors, and material suppliers. Furthermore, it analyzes factors influencing the design and layout of the dream home, such as topography, design changes, sustainability, and cost management. The project outlines the project management processes, detailing the selection of the suburb, land size, builder selection, stakeholder identification, and design considerations within the PMBOK framework. Finally, the project discusses implementing lean best practices, referencing relevant literature and providing a comprehensive overview of the entire project management lifecycle for building a dream home using lean principles.