Playbook Blog

Seven Principles of Lean Product Development

Written by Elyssa Pallai | Feb 6, 2018 7:00:00 AM

 

What are the key principles of Lean and Agile product development?  Here are seven, that if applied correctly, can transform your hardware product development process.  

  1. Decentralized planning
  2. Shared project buffers
  3. Standup meetings
  4. Prioritized tasks
  5. Pull
  6. Visible queues
  7. WIP constraints 

These principles give us the first level benefits of visibility, communication, fast feedback, no multitasking, and early warning of delays… 

And all of those combine to give every team member clear and correct priorities each day…

Which means that projects are consistently completed 30-50% faster.

Ready to learn more about Lean and Agile product development? Request a Demonstration Video.