About this Presentation
Little's Law deals with averages. It can help us calculate the average waiting time of an item in the system or the average lead time for a work item. In project development we break the project delivery into a batch of work items. We are interested in how much time it will take for the batch to be processed by the system. But we need a relationship between the average lead time for a work item and the finite time period over which the project will be delivered. A formula is presented that gives us the relationship between the average lead time for an item and the finite time period over which the project will be delivered. This paper is about planning a project by applying Little’s Law and statistical data from Kanban systems. Also covered is how to manage the inherent uncertainty associated with planning and executing a project.
What Will You Learn
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