Tag Archives: added

Time Value Map Template

A time value map is a tool for representing the value-added and non-value-added time in a process. In a time value map, all activities are plotted as bars proportional to their time values along a horizontal timeline. Only value-added activities are plotted above the timeline and everything else is plotted below the timeline. This time value map template can be used to monitor how much time is wasted in any process.

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Time Value Map

Time Value Map

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 the business process as perceived by the customer. The aim is to make the process more efficient while maximizing the value delivered to the customer. It is one of the many Lean tools that will help to identify and analyze waste and non-value-added activities in your processes.

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