Value stream mapping and earned value management : two perspectives on value in product development
Thesis (S.M.)--Massachusetts Institute of Technology, Engineering Systems Division, 2005.
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| Format: | Thesis |
| Language: | eng |
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Massachusetts Institute of Technology
2006
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| Online Access: | http://hdl.handle.net/1721.1/33731 |
| _version_ | 1826210363541028864 |
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| author | Whitaker, Ryan Brent |
| author2 | Warren Seering. |
| author_facet | Warren Seering. Whitaker, Ryan Brent |
| author_sort | Whitaker, Ryan Brent |
| collection | MIT |
| description | Thesis (S.M.)--Massachusetts Institute of Technology, Engineering Systems Division, 2005. |
| first_indexed | 2024-09-23T14:48:37Z |
| format | Thesis |
| id | mit-1721.1/33731 |
| institution | Massachusetts Institute of Technology |
| language | eng |
| last_indexed | 2024-09-23T14:48:37Z |
| publishDate | 2006 |
| publisher | Massachusetts Institute of Technology |
| record_format | dspace |
| spelling | mit-1721.1/337312019-04-12T11:19:56Z Value stream mapping and earned value management : two perspectives on value in product development Whitaker, Ryan Brent Warren Seering. Massachusetts Institute of Technology. Engineering Systems Division. Massachusetts Institute of Technology. Engineering Systems Division. Engineering Systems Division. Thesis (S.M.)--Massachusetts Institute of Technology, Engineering Systems Division, 2005. Includes bibliographical references (p. 151-152). The concepts of value and value stream are crucial to the philosophy of Lean, and a better understanding of how these concepts relate to product development (PD) is essential for the creation of a Lean PD strategy. This thesis focuses on value by looking at PD processes through two different value perspectives: Product Development Value Stream Mapping and Earned Value Management. Product Development Value Stream Maps (PDVSMs) were created for two different PD projects, and the tasks from the maps were analyzed for how they each create value. The official value measurement for the two projects, Earned Value Management System data, was analyzed and compared to the PDVSMs. This comparison of the two value perspectives proved valuable, as it showed that despite some misalignments, they are congruent. The comparison also highlighted several flaws in EVMS. Finally, a combined EVMS/PDVSM hybrid management tool is proposed and discussed. by Ryan Brent Whitaker. S.M. 2006-07-31T15:28:20Z 2006-07-31T15:28:20Z 2005 2005 Thesis http://hdl.handle.net/1721.1/33731 65170258 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 152 p. 8995685 bytes 9002100 bytes application/pdf application/pdf application/pdf Massachusetts Institute of Technology |
| spellingShingle | Engineering Systems Division. Whitaker, Ryan Brent Value stream mapping and earned value management : two perspectives on value in product development |
| title | Value stream mapping and earned value management : two perspectives on value in product development |
| title_full | Value stream mapping and earned value management : two perspectives on value in product development |
| title_fullStr | Value stream mapping and earned value management : two perspectives on value in product development |
| title_full_unstemmed | Value stream mapping and earned value management : two perspectives on value in product development |
| title_short | Value stream mapping and earned value management : two perspectives on value in product development |
| title_sort | value stream mapping and earned value management two perspectives on value in product development |
| topic | Engineering Systems Division. |
| url | http://hdl.handle.net/1721.1/33731 |
| work_keys_str_mv | AT whitakerryanbrent valuestreammappingandearnedvaluemanagementtwoperspectivesonvalueinproductdevelopment |