Document Type

Closed Project

Publication Date

Fall 2009


Tim Anderson

Course Title

Project Management

Course Number

ETM 545


Lean Project Management aims to reduce waste in the organization and add value to the final customer. A company can identify areas for improvement by using Value Stream Maps. Organizations should map the value stream that links market requirements to project organization models. For defined and static needs, a linear project approach will provide the quickest and least resource intensive results. For uncertain and dynamic needs, an iterative project approach will avoid wasted efforts by allowing updated market analysis throughout the life of the project. This paper identifies and analyzes many of the possible components involved for decision making in this value stream.


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