7.6 Why value streams?

Definition:  a stream of benefits over time to a stakeholder

Why focus on future value streams?

  • By definition, deals with things that stakeholders care about
  • Views the short-term in the context of the long-term
  • Can be financial and/or non-financial
  • Can be modelled at various levels of detail
  • Makes assumptions explicit and permits them to be modifiable by other users of the model
  • Can be visualized
  • Can be expressed relative to investment / cost
  • Can incorporate impact of events / risk
  • Can be aggregated or consolidated (to the extent they use the same unit of measure)
  • Interdependencies / interrelationships can be analysed to understand trade-offs