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Lean Software Development (LSD) is the application of lean principles to the craft of software development. So what is Lean? According to the National Institute of Standards and Technology Manufacturing Extensions Partnership’s Lean Network, Lean is:
Lean Software Development is more strategically focused than other Agile methodology. The goals are to develop software in one-third the time, with one-third the budget, and with one-third the defect rate.
Lean Software Development is not a management or development methodology per se, but it offers principles that are applicable in any environment to improve software development.