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Lean Project Management

oboloo Glossary

Lean Project Management

Lean Project Management is a modern approach to project management that focuses on eliminating waste and improving efficiency. It is based on the principles of the Lean Manufacturing philosophy, which was developed by Toyota in the 1940s. The goal of Lean Project Management is to maximize value while minimizing waste. This is done by focusing on the customer’s needs and eliminating activities that do not add value. Lean Project Management also emphasizes continuous improvement and encourages teams to identify and address problems quickly. The ultimate goal is to reduce costs, improve quality, and increase customer satisfaction. Lean Project Management also focuses on creating a culture of collaboration and communication among team members, which can lead to better project outcomes. Ultimately, Lean Project Management helps organizations deliver projects on time and on budget, while still delivering the highest quality product or service.

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