FIVEWMD
F = FLUX
I = INVENTORY
V = VOLUME
E = ERRATA
W = WAITING
M = MISMATCH
D = DEFECTS
Flux
— Waste of time, effort, energy and attention from real, virtual or hybrid processes that require non-value-added actions
Inventory — Waste of energy, effort and time on non-J IT or non-pull approaches
Volume
— Waste of time for inaccurately forecasting data volume required to resolve root cause, so refactoring is required
Errata
— Waste of virtual or real resources from replicated deviations in physical or virtual deployment or release patterns that do not yield learning
Waiting — Waste of time waiting for information system to deliver to expectations
Defects
— Inadequate code — Waste of production storage, computer and analytics resources and energy and rework to refactor code base
Mismatched Business Rules
— Waste of time and solution tools because inaccurately captured problem set means the solution set does not resolve root causes