Successful projects always start and finish with a plan, but it’s how you put that plan into motion that will ultimately make or break your project. Without a clearly defined process, project managers end up unable to manage their work…

In an increasingly saturated market, you must be able to deliver value to your customers faster and more consistently than your competitors do. Value stream mapping shows you exactly how your process delivers value to your customers, which steps suffer…

In our previous article, Lean Manufacturing Wastes: Muda, we began to explore the concept of waste and how to reduce it. Wastes in your process add extra costs, either to your customers or to your business. Reducing waste is the…

Larger profit margins can be boiled down to two actions – increasing output and improving efficiency. Frequently, businesses choose to increase their capacity to drive output, hiring staff and investing in new tools. They can also look for ways to…

Excessive debt slows progress and can become a huge burden. However, debt is not always bad and can be necessary to meet project goals. Nevertheless, debt must eventually be repaid. Flow debt in Kanban project management works according to the…

Project forecasting is not a straightforward process – it’s a scientific and statistical exercise that deals with numerous interconnected variables. The value of these variables can have significant impact on your final prediction. Knowing the frequency distribution of these values…

When making forecasts or performing risk analysis, it is impossible to escape from variability and uncertainty. Even with large amounts of past performance data at our fingertips, the future is unpredictable and unforeseen events can change the course of a…