Key Metrics (Lean and Lean Six Sigma)

Metric	Definition	Focus
Cycle Time	The actual time it takes to complete one unit or one process step, from start to finish.	Measures the efficiency of the production process itself. Time between start to finish.
Lead Time	The total time a customer waits from placing an order to receiving the finished product or service.	Measures the customer's experience from a timing perspective; it includes processing and waiting/queue time. From Customer to Deliver to Customer
Takt Time	The rate of production required to meet customer demand (Available Production Time $\div$ Customer Demand).	Sets the necessary rhythm or pace for the process to match demand and avoid over- or under-production. 8 working hours = Every hour 1 product
Unit Time	Often used synonymously with Cycle Time or Processing Time (the time a unit is actively being worked on).	A simple measure of the time spent working on a single unit.

Comments

Certified Enterprise Architect Professional (CEAP) - Module 5 - Architecture Frameworks

Architecture Frameworks: An Architecture Framework is a theoretical structure that has the purpose of developing, executing, and maintaining an Enterprise Architecture. Advantages of EA framework: Simplify Breaks down areas of the business process Organise business components and create and identify relationships between business Determine the scope Customization in the existing framework Disadvantages of EA framework: Need to follow process Provides only direction and not information It's based on goal and objective Need creativity and proactive thinking Zachman Framework: The Zachman Framework is a widely used model in Enterprise Architecture (EA) that provides a structured way to classify and organize an organization's information infrastructure by defining different perspectives from various stakeholders, allowing for a holistic view of the enterprise and facilitating alignment between business needs and technology solutions; essentially acting as a template to organize arc...

Daily Agile Scrum stand-up meeting guidelines

Followers of the Scrum method of project management will typically start their day with a " stand-up meeting ". In short, this is a quick daily meeting (30 minutes or less) where the participants share the answers to the three questions with each other: • What did I accomplish yesterday? • What will I do today? • What obstacles are impeding my progress? Some people are talkative and tend to wander off into Story Telling . Some people want to engage in Problem Solving immediately after hearing a problem. Meetings that take too long tend to have low energy and participants not directly related to a long discussion will tend to be distracted. These are the minimum number of questions that satisfy the goals of daily stand-ups. Other topics of discussion (e.g., design discussions, gossip, etc.) should be deferred until after the meeting. Here are few tips for running a smooth daily meeting: • Everyone should literally stand-up and no one should sit down ...

Empiricism (Scrum)

Empiricism asserts that knowledge comes from experience and making decisions based on what is observed. Pillars of Empiricism . Various practices exist to forecast progress, like burn-downs, burn-ups, or cumulative flows. While proven useful, these do not replace the importance of empiricism . In complex environments, what will happen is unknown. Only what has already happened may be used for forward-looking decision making. Each artifact contains a commitment to ensure it provides information that enhances transparency and focus against which progress can be measured: ● For the Product Backlog it is the Product Goal. ● For the Sprint Backlog it is the Sprint Goal. ● For the Increment it is the Definition of Done. These commitments exist to reinforce empiricism . The sum of the Increments is presented at the Sprint Review thus supporting empiricism .

High-Tech Yuga

Search This Blog