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Resources can be assigned to value streams and capabilities can serve (i.e., enable) a value stream. These stages are typically related using flow relationships to model the flow of value between them. These are also modeled with the value stream element and are known as value (stream) stages, each of which creates and adds incremental value from one stage to the next. Value streams can be a composition or aggregation of value-adding activities. Value streams may be defined at different levels of the organization e.g., at the enterprise level, business unit level, or department level. Value Stream represents a sequence of activities that create an overall result for a customer, stakeholder, or end-user. Conversely, one business process may realize multiple stages in a value stream. The stages in a value stream provide a framework for organizing and defining business processes, but different parts of the organization may have their implementations of business processes that realize the same value stream stage. Value streams are typically realized by business processes and possibly other core behavior elements.
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“Value Streams, a key principle of value streams is that value is always defined from the perspective of the stakeholder of the product, service, or deliverable produced by the work”Īt The Open Group event in Amsterdam on November 5, 2019, the latest version of the ArchiMate Version 3.1 was released and the most important and visible of these changes in this version is the addition of a new value stream element in the Strategy layer. A value stream describes how an enterprise organizes its activities to create value.