LAI Paper Series: “Lean Product Development for Practitioners”: Waste in Lean Product Development

Abstract

Reading this whitepaper provides a concise overview of the most important waste drivers in product development, that is, the most common project deficiencies that lead to cost and schedule overrun, as well as to performance issues. It will enable those involved in process improvement initiatives to include specific lean-related factors into their process analysis. It provides both managers and engineers with a common language and concepts to enhance the efficiency of their product development projects.