A value stream is the set of actions that take place to add value to a customer from the initial request through realization of value by the customer. The value stream begins with the initial concept, moves through various stages of development and on through delivery and support.
A value stream always begins and ends with a customer. Value stream is usually aligned with company processes.
Value streams are artifacts within business architecture that allow a business to specify the value proposition derived by an external (e.g., customer) or internal stakeholder from an organization. A value stream depicts the stakeholders initiating and involved in the value stream, the stages that create specific value items, and the value proposition derived from the value stream.
The value stream is depicted as an end-to-end collection of value-adding activities that create an overall result for a customer, stakeholder, or end-user.
In modeling terms, those value-adding activities are represented by value stream stages, each of which creates and adds incremental stakeholder value items from one stage to the next.[1]
While value streams are referenced in multiple methodologies, there is increasing agreement[2] on the description and the purpose of value streams as a core domain of business architecture[3] and scaled agile framework,[4] which has since been applied by multiple standards bodies.[5][6]
^"Value Streams". Prepared by The Open Group Architecture Forum Business Architecture Work Stream. 2017-01-31. (registration required)
^Batts, Renee; Fons, Francis; Randell, Alex (2017-03-01). "Aligning Business Architecture and the Scaled Agile Framework(R)" (PDF). Business Architecture Guild.
^Ulrich, William; Kuehn, Whynde (2015). "Business Architecture: Setting the Record Straight" (PDF). Future Strategies, Inc.
^"Value Streams". Scaled Agile, Inc. 2017-10-05.
^"Value Streams". Prepared by The Open Group Architecture Forum Business Architecture Work Stream. 2017-01-31. (registration required)
^"The Guide to the Business Architecture Body of Knowledge, Part 1" (PDF). Business Architecture Guild. 2017-07-20.
A valuestream is the set of actions that take place to add value to a customer from the initial request through realization of value by the customer...
services (valuestreams) into their component process steps and eliminating any steps (or even entire valuestreams) that do not deliver value. Flow relates...
In accounting, valuestream costing (VSC) is a technique of costing which entails identifying and calculating costs for all the process steps required...
described as a valuestream, where instead of traditional departments, the organization is structured into product lines or families and valuestreams. It can...
concept of valuestream mapping, a cross-functional process which was developed over the next decade, had some success in the early 1990s. The value-chain...
economics and finance, present value (PV), also known as present discounted value, is the value of an expected income stream determined as of the date of...
work into multiple columns to visualise the flow of work across a whole valuestream map. According to the Project Management Institute, a kanban board is...
the stream and/or in the maximum value in the stream, and may also have limited processing time per item. As a result of these constraints, streaming algorithms...
random seed value using digital shift registers. The seed value serves as the cryptographic key for decrypting the ciphertext stream. Stream ciphers represent...
MPEG-2 transport stream packet. The PID with the PCR for an MPEG-2 program is identified by the pcr_pid value in the associated PMT. The value of the PCR,...
will be to eliminate or reduce the non value add activities. Another key lean step is to develop valuestream maps of the overall release process. This...
in project management for project tracking; in lean manufacturing for value-stream mapping and continuous improvement tracking; and in business process...
In fluid dynamics, two types of stream function are defined: The two-dimensional (or Lagrange) stream function, introduced by Joseph Louis Lagrange in...
specify value by specific product, identify the valuestream for each product, make value flow without interruptions, let customer pull value from the...
is a software company focused on enterprise architecture management, valuestream management, and SaaS management. The company was founded on January 10...
annuity due. Present value of a perpetuity is an infinite and constant stream of identical cash flows. Future value: The value of an asset or cash at...
VersionOne products and services belong to the industry categories of valuestream management, DevOps, agile management, application lifecycle management...
programming, a sentinel value (also referred to as a flag value, trip value, rogue value, signal value, or dummy data) is a special value in the context of...
player that is delivered through a network. Media is transferred in a "stream" of packets from a server to a client and is rendered in real-time; this...
wasteful activities. The objective of Gemba Walk is to understand the valuestream and its problems rather than review results or make superficial comments...
toolchain Twelve-factor app Infrastructure as code Lean software development Valuestream Dyck et al. (2015) "To our knowledge, there is no uniform definition...
have a solid understanding of the product's ecosystem. The Lifecycle-ValueStream Matrix for complex and certified circular systems assists engineers and...
lower quality are waste. Managerial overhead not producing real value is waste. A valuestream mapping technique is used to identify waste. The second step...
Performance Indicators and priority values and be accompanied by detailed plans, resource assignment demands, or valuestream maps. "Origins of Hoshin". Management...
Acquisition by Lamprell PLC MIS’ business is based around six main valuestreams (business activities) but since 2008 has gained 4 more as acquisitions...
Global Information