How to get Time to Market in Jira?

📝 Context: A product team aiming to improve their time to market but lacking clear insights into how long it takes to bring new features or products from development to launch.

🤔 User Problem: In a fast-changing market, it is important to offer features quickly in order to stay competitive. But how can you measure and monitor the time it takes to bring an idea from conception to delivery? Without proper tracking, it can be challenging to identify delays or optimize your development process. This is where tracking Time to Market comes in!

Before we begin, let’s clarify what Time to Market means.

Time to Market is the total duration from the conception of an idea or feature to its delivery to customers. This includes everything from the initial planning to the final product release. It's a important metric for ensuring that your team delivers on time.

💡 Solution: Calculate and visualize Time to Market by tracking all the key statuses from the planning stage to product launch with Time Between Statuses add-on.

How to configure Time to Market?

Click on the Time metrics button and choose Create Time metrics

Set start/stop and pause statuses for calculation. For Time to Market, you might choose "Parking lot" or "Idea" as the start status and "Done" or "Released" as the stop status.
Optionally, configure pause statuses like "On Hold" if you need to pause the clock while waiting for external inputs or approvals.
Set up first/last transition to/from statuses to get more granular data on when an issue was first assigned or when the resolution process ended.
You can also configure Warning and Critical limits to receive notifications if a task takes too long to resolve. The app will send automated emails if the set limits are exceeded, ensuring issues are addressed promptly.

After the necessary setting, you will be able to view Market time on the grid.

Additionally, you can customize your reports by adjusting the app interface fields. Such as:

Type of Project;
Date range;
Time Format;
Multi Calendar (to configure non-working hours and different calendars).

At the Issue View Panel, you can visualize transition time for a specific issue (including time metrics).

Add-on also allows you to export Time to Market data to Excel or Google Sheets for further analysis or sharing with key stakeholders. This enables you to maintain a competitive edge by delivering products faster and more efficiently.

📈 Outcomes: With Time Between Statuses you can track your Time to Market, identify bottlenecks in your process, and ensure that your team delivers features on schedule.

If you need help or want to ask questions, please contact SaaSJet Support or email us at support@saasjet.atlassian.net

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