article thumbnail

Agile Beyond IT: Lean Thinking

The IIL Blog

It traces its roots to Lean, which is also foundational to other modern management theories. Lean’s primary focus is delivering value quickly and eliminating waste. Toyota was a Lean pioneer. It developed the just-in-time delivery model, which freed up working capital. Lean is a set of principles.

Lean 164
article thumbnail

Develop Better High Performing Teams

ProjectManager.com

As we ease into the new year, many organizations’ executive teams are ramping up hiring for new talent. All these efforts require precise judgment to hire just-in-time talent, using data to make strategic project decisions at a portfolio, program and project level and launching new high performing teams.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cost of Quality (COQ): A Quick Guide

ProjectManager.com

How COQ does this, especially in project management, is what we’ll define. But we’ll also discuss the cost of good quality vs. the cost of poor quality and show you how to measure COQ. It’s also part of Lean Six Sigma, a philosophy of improvement built on the prevention of defects over defect detection.

article thumbnail

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.

Lean 103
article thumbnail

Building Agile Partnerships - Lean Agile Procurement

Scrum.org

Lean Agile Procurement is designed to reduce delay in establishing the partnerships, and providing clear constraints on the business relationship. The traditional approach of RFI – RFP – Review – LOI is neither lean or agile. The Lean Agile Procurement model is designed by people who live the Agile Manifesto, and is aligned to it.

Lean 119
article thumbnail

What is project scope? (Plus 7 steps to help you define project scope)

Resource Guru

It’s what we lean on throughout the project life cycle. As project managers, defining and planning projects is what we do. Simply put, a project scope defines all the work and considerations required to deliver a specific outcome. Project scope is the project manager’s best friend. But sometimes, complacency can creep in.

article thumbnail

Ad Hoc Project Management: The Art of Chaos and Confusion

MPUG

Forget about creating a project plan, defining objectives, or setting realistic timelines. Spontaneity Over Strategy Ad hoc project management relies on impulsive decision-making and last-minute changes instead of carefully thought-out strategies and well-defined goals. Lack of Planning Ad hoc project management epitomizes “winging it.”