Value Stream Mapping
(Links to an external site.)
For this week, we will focus our DB work on the Value Stream Mapping process - it ties well into our work on benefits realization and solution evaluation.
I have included an article here to help start the discussion -
Tyagi, S., Choudhary, A., Cai, X., & Yang, K. (2015). Value stream mapping to reduce the lead-time of a product development process. International Journal of Production Economics, 160, 202-212. doi:10.1016/j.ijpe.2014.11.002
For this week, your primary post - to be posted by Wednesday - is to identify and explain one strategy and any associated actions to bring Value Stream Mapping into the product development lifecycle. Also identify the value of these actions and what the downsides are.
For the secondary posts - due by Sunday, for at least 2 primary posts - conduct a conversation around the benefits of the action as well as ways to address the downsides. How can these be included in your own team project?