A Model for Value in Lean Product Development

  • G. I. Siyam
  • K. Gericke
  • D. C. Wynn
  • P. J. Clarkson
Conference paper


Lean product development has been developed and deployed in an effort to enhance company operations. Understanding value is the first step to becoming ‘Lean’. However, the mere translation of value from its conventional interpretation in lean production as “something the customer will pay for” does not equate to an effective value orientation in product development (PD).


Product Development Cycle Model Product Life Cycle Product Development Process Design Structure Matrix 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.


  1. Asimov, M. (1962) Introduction to design, Prentice-HallGoogle Scholar
  2. Beauregard, Y., Thomson V., Bhuiyan, N. (2008) Lean engineering logistics: load leveling of design jobs with capacity considerations. Canadian Aeronautics and Space Journal,Vol. 54, No. 2, pp. 19-20, DOI  10.5589/q08-006
  3. Browning, T. R., Deyst, J. J., Eppinger, S. D., Whitney D. (2002) Adding Value in Product Development By Creating Information and Reducing Risk, IEEE Transactions on Engineering Management, Vol. 49, Issue 4, pp. 443-458, DOI  10.1109/TEM.2002.806710.
  4. Chase, J. P. (2001) Value Creation in the Product Development Process, Massachusetts Institute of Technology, Masters of Science in Aeronautics and AstronauticsGoogle Scholar
  5. Eskerod, P. (2009) Project Management Models as Value Creators, Project Management Journal, Vol. 40, No. 1, pp. 4–18, DOI  10.1002/pmj.20098
  6. Gericke, K., Meißner, M., Paetzold, K. (2013) Understanding the Context of Product Development;in Proceedings of 19th International Conference on Engineering Design, Seoul,Korea Google Scholar
  7. Gericke, K., Blessing, L. (2012) An Analysis of Design Process Models Across Disciplines,Proceedings of the 12th International Design Conference Google Scholar
  8. Hales, C., Gooch, S. (2004). Managing Engineering Design. 2nd ed. London: Springer-Verlag. Hollins, B., Pugh, S. (1990). Successful product design: What to do and when.London: ButterworthsGoogle Scholar
  9. Higgins, R. C. (1998) Analysis for financial management, Irwin/McGraw HillGoogle Scholar
  10. Lawrence, P. A., Lee R.A. (1984) Insight into management, Oxford University Press, OxfordGoogle Scholar
  11. McManus, H. L. (2005) Product Development value stream mapping (PRODUCT DEVELOPMENT VSM) manual, Lean Aerospace Initiative, Release 1.0Google Scholar
  12. McManus, H. L., Millard R. L. (2002) Value stream analysis and mapping for Product Development,Proceedings of the international council of the aeronautical sciences, 23rd ICAS Congress, Toronto, Canada, 8-13, September Google Scholar
  13. Millard, R. L. (2001) Value stream analysis and mapping for Product Development, Masters of Science in Aeronautics and Astronautics, Massachusetts Institute of Technology, JuneGoogle Scholar
  14. Oppenheim, B. W, (2004) “Lean Product Development flow,” Systems Engineering, Vol.7, Issue 4, DOI  10.1002/sys.20014
  15. Penrose, E. T. (1959) The theory of the growth of the firm, John Wiley, New YorkGoogle Scholar
  16. Pessôa, M. V. P., Loureiro, G., Alves, J. M. (2007) An approach to lean Product Development planning, In: Complex Systems Concurrent Engineering, Part 4, pp. 229-237, DOI  10.1007/978-1-84628-976-7_26
  17. Reinertsen, D. (1999) Lean thinking isn’t so simple, Electronic Design, Vol. 47 Issue 10, p48H, MayGoogle Scholar
  18. Slack, R. A. (1999) The lean value principle in military aerospace product development. The Lean Aerospace Initiative, Report Series, PR99-01-16Google Scholar
  19. Shannon, C. E. (1948) A mathematical theory of communication, The Bell System Technical Journal, Vol. 27, pp. 379–423, 623–656Google Scholar
  20. Siyam, G. (2014) Value in lean product development, Thesis, University of Cambridge, Engineering DepartmentGoogle Scholar
  21. Siyam, G., Wynn D. C., Clarkson P. J. (2011) Re-conceptualising value in the engineering design process: The Value Cycle Map, in 18th International Conference on Engineering Design (ICED’11), Copenhagen, DenmarkGoogle Scholar
  22. Womack J. P., Jones D. T. (1996) Lean thinking, Simon Schuster, New YorkGoogle Scholar

Copyright information

© Springer-Verlag Berlin Heidelberg 2015

Authors and Affiliations

  • G. I. Siyam
    • 1
  • K. Gericke
    • 2
  • D. C. Wynn
    • 1
  • P. J. Clarkson
    • 1
  1. 1.University of CambridgeCambridgeUK
  2. 2.University of LuxembourgLuxembourgLuxembourg

Personalised recommendations