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VALUE STREAM MAPPING

It actually contains all the activities involved in creating value for the customer and this process starts with information (Requirements of the customer) and ends with the end customer (final end product), indirectly value stream (Figures 10.9 and 10.10) is being generated from the value agreements.

Value stream mapping (VSM) is a hands on process to create a graphical representation of the process, resources and information flows within a value stream. VSM actually analyses the current state of the project and design the future state based on the current state (incremental plan). List down the activities required to implement the incremental plan defined above.

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Figure 10.9 Value stream

Various Value Stream Mapping Tools


  

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