Applying Lean manufacturing techniques to project management has been going on for a while now. Using the Lean manufacturing principles to the project management process has been an ongoing effort to maximizing value while minimizing waste.
One technique is using value stream mapping, and it has become central to Lean project management. Value stream mapping for your teams is an effort to understand how value and waste are created during the project life-cycle. When teams and individuals apply this technique, it helps achieve many goals for your teams:
Quality of the final product
Projects on time, and under budget
Eliminating project waste
Reducing project costs throughout the enterprise
Adding value to the customer/client
Standardization is another well respected Lean project management technique. Standardizing tasks across the project teams can improve performance for the short term and improve efficiencies for projects across the enterprise that have similar tasks. Improving the standardization of the tasks assists in helping the project lifecycle gradually progress towards project goals and increase your trajectory of your Agile teams.