Caution: Flow metrics, like anything else, are not a perfect solution Focus, Flow, Joy. A combination of them along with other ways of thinking about the Symmathesy are required.
Related: Theory of Constraints Throughput Monitoring
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Flow Velocity: Is value delivery accelerating
- number of flow items of each type completed over period of time
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Flow Distribution: Helps prioritize type of work
- ratio of flow items completed over window of time
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Flow time: Identifies Time to Value
- Time for flow items to go from start to complete
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Flow efficiency: identify waste
- ratio of active time vs wait time out of total flow time
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Flow load: monitor utilization of value streams
- number of flow items in progress in a value stream
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Related to Theory of Constraints Measuring Throughput:
- Net Profit: throughput minus operating expenses
- Return on Investment: net profit divided by investment
- Productivity: throughput divided by operating expenses
- Investment Turns: throughput divided by investment
Definitions
- value stream: all steps from start of value creation to delivery of end result to customer
- value creation . value delivery
- Flow items: features, defects, debt, risk