7.9 Value streams versus performance metrics/ scorecards

Value streams Performance Metrics / Scorecards
Strengths:

  • Generates insights needed for resource allocation tradeoffs and to support specific decisions
  • Enables evaluation of return on investment
  • Can start with limited data and add precision and validity over time
  • Enables users to visualize the effect of modifying assumptions
  • Enables exploration of alternative scenarios
Strengths:

  • Useful for tracking “drill-down” accountability for activity within and organization where multiple departments / individuals contribute to generating value streams
  • Useful for measuring adherence to technical standards and performance claims (does performance meet required thresholds)
Limitations

  • – Models of the future are inherently uncertain
Limitations

  • Limited ability to evaluate ROI, resource allocation tradeoffs, or support specific decisions
  • Limited ability to explore alternative scenarios
  • Composition of any specific metrics framework is inherently arbitrary

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