time value map
Definition
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.
Related Articles
- Prospectuses, Annual Reports, and Other Documents *
- Buying and Selling Bonds *
- The Stock Market *
- Choose Mutual Funds Carefully *
- IRS Audits and How to Deal With Them *
- What are Dividends? *
- Introduction to Commodities *
- Fundamental Analysis *
Related Videos
http://www.businessdictionary.com/definition/time-value-map.html
