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What Is Lean Portfolio Management? A Quick Guide

ProjectManager.com

There are many ways to do this and one of which is lean portfolio management. Let’s first define lean portfolio management and then delve into how it works. We’ll also explain when to use lean portfolio management and how project management software can help you manage your portfolios better. What Is Lean Portfolio Management?

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Lean Portfolio Management: Lean Budgets and Investment Funding

Planview

This blog is part of a series on Lean portfolio management. If you haven’t already, we recommend reading part one first, “ What is Lean Portfolio Management ,” which you can find here . In this post, we’ll discuss a fundamental component of Lean portfolio management: funding. This is where Lean budgeting comes in.

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How To Implement Lean Portfolio Management?

Agilemania

Lean Portfolio Management (LPM) involves connecting strategy to execution by using lean principles. Budgets are allocated to execute an enterprise’s strategy by portfolio management teams. What Are The Key Components Of Lean Portfolio Management? The lean portfolio leadership team creates the goal of your company.

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What is Lean Portfolio Management? Primary Focus | Objectives

Agilemania

LPM also known as Lean Portfolio management, refers to how senior leadership uses lean principles and systems thinking approaches to align strategy with execution. Portfolio management teams apply these principles and approaches to strategy and investment funding, Agile portfolio operations, and governance.

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Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

Kanban is from Japan, originating in the factories of the Toyota car company in the 60s as a lean manufacturing tool for workflow and inventory management. For one, both are ideal for lean and agile projects, limiting work in process and favoring a continuous scheduling flow as opposed to pushing through a schedule. What Is Kanban?

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100+ Project Management Terms: PM Terminology Explained

ProjectManager.com

Cost overrun This is the actual cost that exceeds the estimated cost in the budget, also known as a cost increase or budget overrun. E – Project Management Terms Earned value management (EVM) A way to measure project performance, and is commonly used in government projects.

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Top 10 Project Management Methodologies – An Overview

ProjectManager.com

The Kanban methodology helps reduce inefficiencies, and is a great project management tool for many purposes such as lean manufacturing or agile projects. The car company applied it to their lean manufacturing model, known as the Toyota production system. Lean Methodology. Processes can be defined and improved.