#12 Lean

Value in the Market - $103,000

Lean manufacturing is the philosophy of eliminating waste. By doing so the costs of manufacturing is dramatically reduced and both the company and the environment benefits from it. Lean Enterprises is on the buzz today. It began as a way to reduce costs in manufacturing but it has since been adapted to everything, including something called lean software development.

Lean software development is nothing but the application of the principles of Lean manufacturing to software development. Its principles can be categorized under seven headers: eliminate waste, amplify learning, decide as late as possible, deliver as fast as possible, empower the team, build integrity, see the whole (picture).

#11 CMMI

Value in the Market - $104,000

Capability Maturity Model Integration (CMMI) is a process improvement approach. CMMI can be used to guide process improvement across a project, division, or an entire organization. Processes are rated according to their maturity levels, which are defined as initial, repeatable, defined, quantitatively managed, optimizing. It helps companies predict costs, create schedules, and ensure quality.

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