Monday, May 25, 2020

Doing A Project More Effectively And Efficiently Using...

Topic: How to run a project more effectively and efficiently using lean management. Introduction: The main purpose of this research is to define better handling of ongoing project by complying with the principles of lean management to obtain maximum efficiency in production processing. During the project production lifecycle, many projects go through various challenges and to ensure that projects are handled in better ways, organisation perform different actions and approaches to retain project within budget and specified requirements. Today organizations face challenges in the form of intense international competition, rapid technology evolution, maturing customer expectations and quality demands. Therefore, to meet the customers expectation and finish project more efficiently, lean management approach can be more helpful in identifying bottlenecks and project causes at earlier stages of project development. This proposal will highlight issues and key solutions to the problems faced by projects these days by applying lean principles. Problem Statement Projects these days require extra monitoring to retain efficiency in project during its production, they are always tricky to organise but they get worse when project managers are under pressure to deliver a successful outcome within specified constraints. However, in recent years, there has been an increasing amount of literature consistently showing that projects often fail by going into frequent cost overruns, delays,Show MoreRelatedToyota s Production System : A Global Model For Efficient Auto Manufacturing Through The Use Of Operations Management843 Words   |  4 PagesToyota Motor Company has risen to become the global model for efficient auto manufacturing through the use of operations management. 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