What is a Monte Carlo Simulation and How to Use it
Have you ever faced situations which demanded from you fast and reliable answers regarding, for example, the predicted date some tasks can be accomplished or even the forecasted quantity of tasks that should be finished until date X? If your answer is “yes”, then you probably could benefit from
Kanban Calculations: How to Calculate Cycle Time
In the context of Agile methodologies, the Kanban method has gained significant application over the years aiming at better controlling and understanding the process flow required to deliver high quality products or services. The Agile Kanban method permits inferring specific metrics (sometimes also known as terms or parameters) associated
What are the 3 Agendas of Kanban?
The 3 agendas of Kanban have been created to provide context about how to tackle change from a Kanban system perspective. Kanban has been known for incremental evolution as opposed to radical change when it comes to improving processes and systems. One of its main principles says, “start with
5 Benefits of Kanban for Toyota Production System
The Toyota Production System (TPS) is often referred to as creating lean manufacturing alongside several other companies like Bell System and General Motors Corporation. The initial principles were created by its founder Sakichi Toyoda in Japan during 1938. Even though this system was initially developed in Japan, it has
9 Kanban Values to Help Boost Business Productivity
Most teams that start looking into implementing Kanban in their organizations think that they're all set when they have a Kanban board. This thinking is far from the truth. Kanban is more than just a bunch of cards and a board. Kanban requires a solid foundation to be implemented
Top 10 Project Management Books You Can Learn From
Project management can be a very challenging role to fulfill, especially if you are not very experienced. With more and more businesses switching to remote or hybrid work style these days, the need for reliable project managers is also on the rise. In fact, according to a talent gap
