The Value to Effort Ratio
As Lean thinking began to permeate the Agile community in the mid-00’s, a set of guiding principles emerged. The Scaled Agile Framework (SAFe) website includes a list of these principles and some good definitions. The first Lean-Agile principle is take an economic view. You may ask: An economic view of what? Well, basically everything we do, at all levels. One way to think about it is to consider how much value we obtain compared to the effort necessary to obtain it. I like to call that the value-to-effort ratio. A value-to-effort ratio greater than 1.0 might be okay. A value-to-effort…
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