Marge The Build-measure-learn (BML) cycle is a framework that helps organizations manage their innovation projects. It is a iterative process that helps organizations assess whether their projects are on track and make necessary adjustments. The BML cycle has four steps: 1. Build: Organizations build their innovation projects and test them with customers. 2. Measure: Organizations measure … Read more
The system of record (SOR) is the authoritative data source for a particular data element or set of data elements. In most cases, the system of record is the source system where the data is first entered. The system of record is often the source of truth for a particular data element. For example, if … Read more
The mean time between failures (MTBF) is the average time that a system or component can be expected to function without failing. It is usually expressed in hours, days, or years. The MTBF can be calculated by taking the total operating time of a system or component and dividing it by the number of failures … Read more
