Which of the following is a benefit of Value Stream Mapping?

Which of the following is a benefit of Value Stream Mapping?
A . It highlights the value of individual work packages needed to develop the business architecture.
B . It helps to ensure that investments and project initiatives are prioritized and funded at a level matching with their value.
C . It helps to identify value, duplication, and redundancy across the enterprise.
D . It helps to assess an organization’s effectiveness at creating, capturing, and delivering value for different stakeholders.

View Answer

Answer: D

Explanation:

One of the benefits of Value Stream Mapping is that it helps to assess an organization’s effectiveness at creating, capturing, and delivering value for different stakeholders2. Value Stream Mapping is a technique that can be used to represent a sequence of activities that create an overall result for a customer, stakeholder, or end user2. Value Stream Mapping can help to identify the value proposition, outcomes, measures, enablers, and dependencies of each activity in the value stream, as well as the overall value flow and performance2. By analyzing the value stream map, the organization can evaluate how well it is meeting the stakeholder needs and expectations, as well as identify opportunities for improvement or innovation.