Explanation
Taking an economic view is the SAFe principle that ensures the maximum benefit is generated by understanding trade-offs between risks, cost of delay, operational costs, and development costs for each program and value stream1. This principle requires a fundamental understanding of the economics of building systems and making decisions in a proper economic context. This includes the strategy for incremental value delivery and the broader economic framework for each value stream2. Taking an economic view helps to optimize the flow of value, reduce waste, and deliver solutions that meet customer and stakeholder needs3.
1: SAFe Lean-Agile Principles - Scaled Agile Framework 2: Principle #1 - Take an economic view - Scaled Agile Framework 3: Adopting Lean Budgeting Aligned to Development Value Streams