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These days customers' requirements are very precise due to the rapid
changes in the society, environment and technology. In order to meet this
global trend and to deliver progressively sophisticated product sometimes
the old project management methods which revolve around time, cost and
quality might not be sufficient. There are many new production
management concepts, but among them lean production delivery system
(LPDS) is a very successful method concerning the growth of project
management. This report is going to focus on the comparative
assessment
of the advantages and disadvantages of current project management
methods and lean production delivery systems (LPDS).
Current project management methods
Project management can be referred to the application of knowledge,
skills, tools, and techniques to a broad range of actions or activities to
achieve the project objectives (Project Management Institute 2005).
Traditional project management (TPM) method is one of the main methods
amongst the other current project management methods. TPM technique
can be defined as a step by step approach to each of the projects five
stages which are initiating, planning, execution, monitoring, and
completion of the project. Each particular stage is broken down and a
stage begins only when the pre-stage has been completed, usually in
traditional projects a present stage cannot cycle back to its previous stage
(Wysocki 2003, p. 17). TPM concept is very advantageous for the
stakeholders as their opinion is crucial.
Traditional projects require very large lead time so it has a tendency to fall
behind the timetable. Usually manager attends to those activities first
which are beneficial for them and their subordinates (Kerzne 2003, p. 93).
Good ideas are held back
In the traditional method the specialist constructors, who deliver the
project are involved in the project after the design is substantially
complete so they miss the opportunity to contribute their ideas in design
phase (Matthews & Howell 2005, p. 47).
In the LPDS, the overall project duration and cost is less than what is
estimated in other methods.
In the LPDS, the lead time is reduced and the unnecessary steps are
eliminated to accelerate the project process which helps to reduce the
time.
The LPDS involves just in time approach which assists to reduce the cost
because it has a goal to achieve zero inventories.
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The Lean Project Delivery System: An Update
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Project Management: A Systems Approach to Planning, Scheduling, and
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Project Management: A Systems Approach to Planning, Scheduling, and
Controlling
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Lean Project Delivery: Innovation in integrated design & delivery
, Draft for Architectural Engineering and Design Management, Special
issue on Integrated Design & Development Systems, 1-28.
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Integrated project delivery: An example of relational contracting
, Lean Construction Journal, 2 (1), 46-61. Project Management Institute
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A guide to the project management Body Of Knowledge (PMBOK Guide)
, 3rd edn, Four Campus boulevard, Newtown Square, PA 19073