5 Lean and Agile Metrics to Track with Your Team
Measuring Lean and Agile metrics can improve team efficiency and transparency. However, it's important to understand how to use these metrics properly and to have a clear understanding across the team of what metrics are being used and why. Lead time and cycle time are two important metrics that teams should measure to identify areas for improvement. Lead time measures the total time it takes for work to move through the value stream, while cycle time measures how long it takes for work to get from one point to another within a process. Teams can optimize handoffs and reduce wait times by limiting WIP and experimenting with ways to reduce cycle times. Digital Kanban boards like Planview AgilePlace can help teams visualize their work and automate the collection and reporting of workflow metrics.