Define 'Cycle Time' in process management.

Cycle Time in process management refers to the total time taken from the initiation to the completion of a process. This encompasses every stage of the process, including any delays or waiting periods that may occur. Understanding Cycle Time is crucial for identifying inefficiencies, improving throughput, and optimizing workflows within an organization. By measuring Cycle Time, businesses can assess the performance of their processes and implement changes to enhance efficiency, ultimately leading to faster delivery of products and services to customers.

The other options address different aspects of time management in processes but do not accurately define Cycle Time. For instance, the time taken for a customer to receive a product is related to delivery time rather than the broader scope of Cycle Time itself. The average time for feedback pertains to communication processes and may not reflect the entire workflow. The time required to train an employee is specific to personnel development, and does not capture the duration of the overall process from start to finish.