Making Work Visible: Exposing Time Theft to Optimize Work & Flow

by Dominica Degrandis

Cycle time is the amount of elapsed time that a work item spends as work-in-progress. In addition, business value that could have been realized sooner gets delayed because of too much WIP. This is known as cost of delay. It’s a concept used to communicate value and urgency—a measure of the impact of time on the outcomes we want, such as customers buying our product this month instead of next month.