Connacht are now in tenth spot, having seen off Edinburgh the week before, and they will look for a third win on the spin when they host Treviso on Saturday.
But Lam is not about to get ahead of himself, just as he refused to panic during his side's difficult run earlier in the season.
"If you take the games in which we took bonus-point losses, that was 15 points we didn't get, and we could have been up in fifth or sixth place," Lam told the Galway Advertiser.
"It is a fine line, so when people were having a crack at us being at the bottom of the table, you just have to look at it - a couple of wins you can jump up.
"But when you are outcome focused, it can beat you up; when you stay process focused, it keeps everyone understanding that we are not far off and that we must keep doing our jobs better as a team, and we have to do that again this week and for the next seven games."
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