Management
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Process Mapping Technique: Time Value Map

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Course Features

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Duration

3 hours

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Delivery Method

Online

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Available on

Limited Access

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Accessibility

Mobile, Desktop, Laptop

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Language

English

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Subtitles

English

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Level

Beginner

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Teaching Type

Self Paced

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Video Content

3 hours

Course Description

The effectiveness of the ebb and flow of your business process plays a crucial role in its overall performance. For your business to succeed, you must constantly improve its processes in order to boost productivity and sustain high-quality operational standards. However, business processes are supposed to be simple but can be complicated by complex systems, organisational structure and poor process development. In such a situation, how do we simplify a complicated process so that flaws and inefficiencies are eliminated? This course explains how to use a time value map (TVM) tool to visualise your business processes before making the necessary adjustments. We teach you the fundamentals of the TVM tool and show you how effective this tool is in identifying the flaws of a business process so that you can improve it. We start by introducing you to the TVM tool and its role in the improvement of process workflows. We then lay out the components (time, value and map) of the TVM tool and discuss their role in analysing the steps and activities that make up a process. We demonstrate how using this tool makes it possible for you to graphically represent your process workflows for easier comprehension, interpretation and improvement. The course describes the tool and examines the three key constituents of the ‘value’ component. We explain how these key constituents help you to deliver the quality products and services that are important to your customers. We then highlight the importance of this tool and discuss when to implement it. The course analyses case scenarios to teach you how to use the TVM tool to map out process workflows and pinpoint the areas that affect process efficiency. We explain how to build your own TVM and provide helpful tips that make the implementation of this tool more effective. The TVM tool can be used by anyone who is interested in improving business processes and increasing productivity and efficiency as it applies to any business or organisation. Process improvement is especially useful for business managers and leaders who want to identify areas of inefficiency in their operations and find ways to streamline them. The course has no prerequisites and is designed for anyone who wants to increase organisational productivity. Sign up to take control of your business’ process and boost productivity through the skilled application of time value maps.

Course Overview

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Post Course Interactions

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Instructor-Moderated Discussions

Skills You Will Gain

What You Will Learn

Describe how to build the TVM tool

Discuss the importance of the TVM tool

Explain how the time value map (TVM) improves in the effectiveness of a process

Explain how to use the tool

Identify the sections of the tool

List the categories that make up the ‘value’ component of the TVM

Outline the components of the TVM tool and explain how they work together

Outline the strategies you can use to perform an effective process analysis using the TVM tool

Recall when to use the tool

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