Today, with the surge of disruptive innovations, and rapid transformation of the business objectives, it is imperative to build a solid and scalable business strategy that not only optimizes your existing portfolio but also aligns with your capability.
If you do Kanban, yet feel indecisive about certain issues like what work should you do next, when should you start so that you can feel confident of completing it on time, do you have enough capacity to even commit, how many activities you can run in parallel, and so on, then Enterprise Services Planning (ESP) analytics is the most appropriate answer to all your worries.
ESP, as David Anderson defines it, helps you to understand “how to select things, when to schedule them, which order to sequence them, how to know when and whether there is capacity, how to manage dependencies, how to plan, how to track, and how to know whether your results are good enough or need to be improved”.
The ESP analytics in SwiftKanban complements the above statement by offering you a bouquet of rich analytics, which helps you extract insightful, predictive data based on your unique historical and transactional data. It uses statistical techniques, exploits patterns and predictive models, and plots charts and graphics in various shapes and dimensions.
Explore the following ESP analytics, and get a detailed idea about how you can plot the chart, read and interpret the diagram, and leverage your understanding to take future business decisions.
- Cumulative Flow Diagram(CFD): Indicates how much work is done, ongoing and in backlog and what is the pace of progress
- Capacity Forecast: Using the historic Throughput data, it forecasts the best fit completion rates if a given number of additional cards are pulled onto the board
- Cycle Time: Represents the time a work item (Defect/feature) took to get completed, from the time it was prioritized and pushed to the board.
- Capability: Shows board-wise capacity of completing the assigned tasks.
- Liquidity: Depicts capability of pulling work to the in-progress column of your Kanban board.
- Demand: Shows amount of work being accepted into the Ready column of your Kanban board at different time stamp.
- Flow Efficiency: Measures the actual work time against the Lead time.
- Scope Forecast: Displays the impact of your future delivery in terms of Lead Time and the Cost of Delay.
Other than the ESP analytics mentioned above, you can also take advantage of the following feature:
- Risk Module: A visual representation of the risks involved in an entity to help you take informed decisions to mitigate the known risks.
To know more about ESP, see the following links: