Cycle time refers to the total time it takes to complete a task, process, or project, from start to finish. In other words, it measures the duration from when work begins on a specific task to the point of completion, indicating the efficiency of a process or project.
Here’s a more detailed breakdown:
In Agile project management:
Cycle time helps teams understand their efficiency in completing tasks or projects.
In manufacturing:
It measures the time a product spends being worked on and waiting between production steps.
In software development:
Shorter cycle times indicate an optimized process and faster time to market.
In general:
Cycle time is a crucial metric for understanding and improving the speed and efficiency of various processes.