Time value map

Time value map,

Definition of Time value map:

  1. The value of something in regard to time; especially the relative duration of a note in music.

  2. A method of evaluating a work process in which the time spent on each stage within the process is considered for the value it adds to the end consumer. A time value map plots value-added work, wasted work due to business necessity (such as regulatory compliance, legal review, payroll) and delays. Within this system, positive value appears above the middle line. Everything else is charted below it and is considered waste.

Meaning of Time value map & Time value map Definition