By “deciding as late as possible” and “delivering as fast as possible,” project managers place more emphasis on the planning and development of effective, impactful projects. In many organizations, this can give project teams a more dynamic edge. By keeping options open, teams can take advantage of creative new ideas. Likewise, outside forces might render parts of a project moot, such as a third-party vendor announcing development of an element that would otherwise have been developed in house.
At the same time, completing projects in shorter amounts of time gives team members a stronger sense of accomplishment and closure. Falling behind on traditional projects that stretch on more months (or longer) can fill teams with a sense of dread. Without a release for that pressure, teams can start to become demotivated by feeling that they can’t succeed. On the other hand, teams that complete smaller projects – even when part of a greater initiative – exude confidence and pride. Framing up the same net results using Lean project management strategies, leaders can keep their teams moving along at higher velocity.