What provides a transparent and quantitative basis for economic decision-making?

The concept that provides a transparent and quantitative basis for economic decision-making in the context of the SAFe framework is the Lean Business Case. This tool helps teams articulate the business rationale for new initiatives, investments, or projects by evaluating their potential return on investment and overall value. It emphasizes creating a clear, organized, and quantifiable representation of costs, benefits, and risks associated with a given idea or solution.

By employing a Lean Business Case, organizations can make informed decisions based on data-driven insights rather than assumptions or gut feelings. This approach fosters transparency by ensuring all stakeholders have access to the same information and can track the economic implications of various options. It aligns closely with Lean principles, which focus on maximizing value while minimizing waste.

Other options, while relevant to the decision-making process, do not specifically provide the same level of quantitative analysis. For instance, a Minimum Viable Product focuses on delivering a basic version of a product to test assumptions and gather feedback but doesn’t inherently provide for thorough economic analysis. Portfolio Kanban, on the other hand, visualizes the flow of work across different initiatives in a portfolio context but does not specifically quantify economic outcomes. The Epic Hypothesis Statement outlines assumptions about the value of an epic but lacks a structured approach for evaluating