leiðtíma
leiðtíma is an Icelandic word that translates to "lead time" in English. It refers to the time elapsed between the initiation of a process and its completion. This concept is widely applicable across various fields, including project management, manufacturing, logistics, and software development. Understanding and accurately measuring lead time is crucial for efficient planning, resource allocation, and meeting deadlines.
In project management, leiðtíma can encompass the entire duration from the project's conception to its final
In manufacturing and supply chains, leiðtíma refers to the time it takes for a product to move
In software development, leiðtíma can relate to the cycle time from when a feature is conceived to