ABSTRACT

The organization of work is done by identifying the list of sequenced activities and creating a project plan that describes these activities in terms of resource requirements and schedule. Work activities that are also called operations are broken down into lower level work tasks that reside within operations. Activities are aggregated into milestones that represent major parts of the project’s work and are used to track progress. In business, improving financial and operational metrics requires bringing people and resources together to identify and execute projects. The goals of rapid improvement events are higher financial and operational metric performance as well as other benefits that may bein the project charter. Execution of these events is measured in days or weeks. Projects should be formally documented using project charters that describe where the project will be deployed, its objectives, and the required resources and benefits. Lean supply chains are characterized by having a high end-to-end value added content across the participating organizations.