Analyzing Lean Value and Value Stream in Project Life Cycle: A Methodological Study

Abstract

This paper presents a methodological study on analyzing lean value and value stream within the project life cycle context. The research focuses on developing a comprehensive framework and methodology for applying lean principles and value stream analysis methods to enhance project efficiency and effectiveness. Through a systematic literature review and empirical case studies, the study identifies key lean value drivers and value stream mapping techniques applicable to various phases of the project life cycle, from initiation to closure. The research explores how lean principles such as waste reduction, continuous improvement, and customer value optimization can be integrated into project management practices to streamline processes, eliminate inefficiencies, and enhance project outcomes. Additionally, the study investigates the application of value stream analysis methods, such as value stream mapping and value stream optimization, in identifying value-adding activities, bottlenecks, and opportunities for improvement across the project life cycle. By offering a methodological framework for analyzing lean value and value stream in project management, this study contributes to advancing project management practices and improving project performance.