Lean Portfolio Management (LPM) | Glossary

Definition :

Lean Portfolio Management (LPM) shares similar goals with a conventional PPM organization however has some important variations that may supply some substantial progressive edges. LPM involves applying a lean agile mind-set and a progressive set of practices supported lean principles to the standard functions of portfolio management. reworking to Lean Portfolio Management suggests that shifting from annual designing and budgeting cycles with fastened scope expectations to additional agile and fluid rolling-wave designing with a additional continuous flow of labor managed by a Portfolio Kanban system.

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Further Reading:

Lean Agile Software Development by Alan Salloway, Guy Beaver and James R. Trott.

 

Pull Management | Glossary

Definition :

Pull Management is that the vision “We are a team, however can we tend to tackle our challenge”. It needs participation and it delegates vital responsibility to the team to form the simplest possible solution. The Pull vogue seeks participation by framing the matter and human action it to the team then pulls answers from the team. The Pull Manager has vision of the matter and will not have a full answer. The Pull Manager shares the parameters of the challenge then pulls from the matter finding discussion what actions ar doable and that arbest to implement.

Pull Managers describe to the team the “why” of the matter, that drives the discussion of “who, how, and what”. Pull managers are driving participation which needs the team to know their roles and wherever they’re expected to add value to the method.

The Pull Manager, once presenting the problem(s), asks for solution recommendations to the challenge conferred. In different words, the Pull Managers pulls from the resources and knowledge of all the team. The Pull Manager shares expertise and data relevant to the challenge and is accountable to guide and facilitate relevant discussion. Team members while not the talent to participate effectively can struggle typically to retain focus and become pissed off, enter facilitation management and skills development. Suggestions are received and mentioned by the manager and therefore the implementation team. A viable choice is reached and therefore the Pull Manager then works with the team to develop reasonable expectations and time targets.

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Further Reading:

Lean Agile Software Development by Alan Salloway, Guy Beaver and James R. Trott.