What aspect of workflows does "cycle time" refer to?

Cycle time refers specifically to the duration from the beginning to the end of a process. This measurement indicates how long it takes to complete a task or process, including all phases from initiation to completion. Understanding cycle time is critical in workflow management as it helps identify bottlenecks, optimize processes, and enhance overall efficiency. By focusing on how long processes take, organizations can make informed decisions about resource allocation and process improvement to reduce delays and increase productivity.

In contrast, the other options focus on different aspects of workflow management. The total cost involved in processing relates to financial resources rather than time. The amount of resources used pertains to the input necessary to complete a task, which does not capture the time element. Lastly, the number of participants involved speaks to human resources engagement in the workflow but does not measure the temporal aspect of the process.