Applying lean to project management : a conceptual model for reducing waste and lead time in project-based business

Abstract

This master’s thesis addresses the need to identify and reduce non-value-adding activities (Waste) in project management work, as well as to establish a systematic approach for continuous improvement in project-based work. The study employs a literature review to investigate how Lean principles and methods can be effectively applied in a company operating in turnkey project business. The theoretical framework covers Lean examples and applications from different industries, brief theory behind Lean, the various forms of waste specific to project environments, and practises for continuous improvement in project-based operations. The aim is to reduce lead time and improve productivity. As a result, the thesis presents a step-by-step model for implementing Lean in a project business unit which is universally applicable and not designed to suit only for the company which the study is conducted for. The model provides a foundation for further research, including the development of a more detailed implementation roadmap and empirical validation.