Little’s Law Application in Project Management

5 Minutes Podcast with Ricardo Vargas

This week on the podcast, Ricardo discusses Little's Law. The formula created by MIT Professor John Little for productive processes involving Lean and Six Sigma has applicability in project management, particularly in agile projects that use Kanban and Scrum boards.

The formula that discusses the number of customers in a service queue and how to optimize service to these customers can be applied to our projects' "work in progress."

Ricardo investigates how we manage our frequently bloated to-do lists, the concept of multitasking, and the relationship between work in progress and value delivery.

Listen to the podcast to know more.

#agile, #project management, #value of project management