Lead Time

Lead time is the time factored into a new project, new business or new product from initiation to delivery. Optimal uses of capital and resources demand optimal project management timelines to ensure optimal and sustainable project delivery. Optimal lead times will factor out non-essential elements that will add to timelines and deliver outcomes that are not critical to delivery. Lead time can also refer to the length of time it takes for a business to receive an order and dispatch for delivery to a client.