Agile Business Analysis Practice Exam 2025 – All-in-One Resource to Excel in Your Certification!

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What does the term 'value stream' refer to in lean analysis?

The sequence of activities that create customer value

The term 'value stream' in lean analysis refers to the sequence of activities that create customer value. This concept focuses on understanding all the actions, both value-adding and non-value-adding, involved in delivering a product or service to the customer. By mapping out the value stream, organizations can identify areas where waste occurs and optimize their processes to enhance efficiency and effectiveness. This approach is fundamental in lean thinking, as the ultimate goal is to maximize customer value while minimizing waste, thus improving overall productivity and quality. Recognizing the value stream helps teams prioritize their efforts on activities that truly benefit the customer, ensuring that resources are utilized effectively to deliver the best possible outcomes.

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The total cost of production

The marketing strategy for a product

The time taken to complete a project

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