Category: Articles

  • Time Value Map

    Also known as Time Value Chart. A time value map is a graphical representation of the value-added and non-value-added time in a process. It focuses on what adds value to a business process as perceived by the customer. The aim is to make the process more efficient while maximizing the value delivered to the customer. […]

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    Time Value Map
  • Traffic Light Assessment

    Also known as Traffic Light Rating System. Traffic Light Assessment is a rating system for evaluating the performance in relation to predefined goals. It allows to communicate performance information clearly and effectively. It has the advantage of being understood universally as performance results are indicated using the real traffic light colors (red, yellow and green). […]

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    Traffic Light Assessment