Terms from A-Z


The term Lean derives from the improvement methodologies developed, refined and applied to the specific business needs of Toyota. These methodologies are commonly referred to as the Toyota Production System (TPS) or the Toyota Business System. In its entirety, TPS has many techniques of implementation, methodologies for deployment and tools for tactical analysis. To be successful, all of the above must be supported by a management philosophy that creates a culture of continuous improvement. This combination of understanding, maturity and tactical skill, when developed and deployed properly, enables performance improvements through the identification and elimination of “waste”.

Simply Lean Management:

To improve your understanding of Lean terminology, this LPM Academy glossary serves.

Browse the glossary using this index

Special | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | ALL

Page:  1  2  3  (Next)
  ALL

E

E-Collaboration Software

see also e-collabaration tool E-collaboration tools represent an Internet-based platform for group work. The software usually offers team functions that facilitate joint work. Features for project planning, control and monitoring are often included in the solutions. In addition, e-collaboration tools enable the central storage and management of documents as well as joint document editing with versioning and release functions. Search functions are standard so that the jointly stored information can be found again. In addition, there are classic groupware functionalities such as messaging, joint calendar management and scheduling. Further features include moderated and unmoderated discussion forums, e-conferencing and e-learning.

E-collaboration tool

see also e-collabaration software E-collaboration tools represent an Internet-based platform for group work. The software usually offers team functions that facilitate joint work. Features for project planning, control and monitoring are often included in the solutions. In addition, e-collaboration tools enable the central storage and management of documents as well as joint document editing with versioning and release functions. Search functions are standard so that the jointly stored information can be found again. In addition, there are classic groupware functionalities such as messaging, joint calendar management and scheduling. Further features include moderated and unmoderated discussion forums, e-conferencing and e-learning.

Easy tool change

Reducing setup work to a single step.(Source: TBM Consulting Group http://www.tbmcg.com/de/about/ terminology.php)

Economic Value Added (E.V.A.)

A residual income measure that subtracts the cost of capital from the net operating profits after taxes (NOPAT). It is the financial performance measure most closely linked to shareholder value and the cornerstone for a financial management and incentive compensation system that makes managers think and act like owners.

Effort determination

Determination of time and resource requirements for all activities/work packages as a basis for the planning and control processes in the project. (Source GPM)

Effort estimation

Effort estimation is the forecast for the personnel capacity requirements in a project. The quality of the effort estimation depends strongly on the underlying documents, e.g. actual analysis, requirement specification, tender documents etc.. The effort estimation is based on 2 variables: work quantity and work productivity.

Effort per unit method


Elemental Time

Time available within the standard work for a single work step.(Source: TBM Consulting Group http://www.tbmcg.com/de/about/ terminology.php)

EMA


Emergent Creativity

Emergent creativity is the highest form of creativity. Something new, something extraordinary is created from one's own experiences and insights. For this purpose we offer a checklist creativity test. If you are interested, please contact pm@projekt-und-management. See also: Innovative-CreativityExpressive-Creativity Inventive-Creativity


Page:  1  2  3  (Next)
  ALL