What is the technology value stream?

In this article, we’ve discussed that value streams are the set of activities you need in order to deliver a good or service or product to a customer. For details on changing your software development processes for better value-focused delivery, check out Why You Should Be Building Product-Oriented Teams.

What best defines a value stream?

A value stream is the set of actions that take place to add value to a customer from the initial request through realization of value by the customer. The value stream is depicted as an end-to-end collection of value-adding activities that create an overall result for a customer, stakeholder, or end-user.

What is value stream level?

The Value Stream represents the work involved in the flow of Business value from initial idea to realization of value by the customer. It includes Business Discovery (prioritization, planning, staging, getting ready to pull) and Business Development (iterative development and incremental release).

What are value stream activities?

Value stream maps show the flow of both materials and information as they progress through the process. Whereas a value stream map represents a core business process that adds value to a material product, a value chain diagram shows an overview of all activities within a company.

What is VSM tool?

Also called: value stream analysis, lean process mapping. Value stream mapping (VSM) is defined as a lean tool that employs a flowchart documenting every step in the process. Many lean practitioners see VSM as a fundamental tool to identify waste, reduce process cycle times, and implement process improvement.

What are two types of value streams?

There are two types of value streams – operational value streams and development value streams.

What is muda or waste?

Muda translates roughly as waste, and refers to the inefficiencies within processes which you can seek to reduce or eliminate entirely. Waste or muda is anything that does not have value or does not add value. Waste is something the customer will not pay for.

What is the first step in the VSM?

The first step in value stream mapping is to create a current state map. This map can help identify waste such as delays, restrictions, inefficiencies, and excess inventories. These are then eliminated in the ideal state map, which gives the organization a working plan to achieve lean efficiency.

What is the first step in VSM?

What are the 2 types of value streams in SAFe?

Build Technology Portfolios of Development Value Streams Value streams optimize the flow of value across divisions and functional departments and through the system as a whole to the customer. SAFe describes two types of value streams, operational and development.

What is a value stream example?

Operational value streams (OVS) are the sequence of activities needed to deliver a product or service to a customer. Examples include manufacturing a product, fulfilling an order, admitting and treating a medical patient, providing a loan, or delivering a professional service.

How are value streams used in SAFE Framework?

A value stream is the primary construct for understanding, organizing, and delivering value in SAFe. Each value stream is a long-lived series of steps used to create value. A trigger starts the flow of value, and there’s some form of monetization or value delivered at the end.

Which is the best definition of a value stream?

A value stream is the primary construct for understanding, organizing, and delivering value in SAFe. As illustrated in Figure 1, each value stream is a long-lived series of steps used to create value—from concept to the delivery of a tangible result for the customer.

What are the value streams of a safe portfolio?

A SAFe portfolio consists of a set of development value streams, each of which builds and supports one or more solutions. The primary role of a SAFe portfolio is to fund and nurture a set of development value streams. These value streams either deliver end-user value directly or support internal business processes.

How is value stream mapping used in Lean management?

Value-stream mapping, also known as “material- and information-flow mapping”[1], is a lean-management method for analyzing the current state and designing a future state for the series of events that take a product or service from the beginning of the specific process until it reaches the customer.