A time value map is a tool for representing the value-added and non-value-added time in a process. In a time value map, all activities are plotted as bars proportional to their time values along a horizontal timeline. Only value-added activities are plotted above the timeline and everything else is plotted below the timeline. This time value map template can be used to monitor how much time is wasted in any process.
This template runs in Excel, and you can use and modify it to suit your specific needs. For example, you may want to add additional rows if your process has more than eighteen steps. You may also want to specify the type of activities whether they are operation, transportation, inspection, delay or storage. In addition to displaying the time value map, this template will also display a stacked bar chart that will compare between value-added and non-value-added times.
Time Value Map Template (28 KB)
Time Value Map Template Example (28 KB)