Abstract
Software projects are notorious for missing deadlines, schedule slippage and budget overrun. Dynamic market also makes tough for software companies to deliver the project meeting requirements and deliver the value to client. Agile and Lean Thinking have appeared as savior for these problems. Principally, Agile Methodologies are used for increasing flexibility, delivering the software fast and Lean Thinking helps in delivering value by eliminating waste. This paper studies both Lean Thinking and Agile Methodologies to find similarities, difference from an industry practitioner's point of view. Practitioner scrutinizes both Lean Thinking and Agile Methodologies and recommends the need of a new framework that has benefits of both frame work.
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