Value is a measure of the usefulness or impact on a particular audience. Most work an agile development teams will pursue will be valuable to users. But other work may be valuable just to the team itself. Still other work may be to users, stakeholders, and team members.
When thinking about the value of a feature, it can be important to think about how the value of a feature degrades over time. A feature might be very valuable today but much less valuable later.
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