In my previous article we established the lean product development goal statement as:
Develop products that maximize customer value and minimize product cost, in the least amount of time, and at the least amount of product development cost.
We then derived high-level objectives as follows:
- Better understand the customer (maximize customer value)
- Do the right projects (product, project and portfolio value analysis)
- Do projects right (minimize redesigns, waste and rework)
- Level load the organization (minimize bottlenecks and resource constraints)
- Create and re-use artifacts (standardize and sustain best practices)