diff --git a/core/lerna/commands/add-caching/command.js b/core/lerna/commands/add-caching/command.js
new file mode 100644
index 0000000000..33afc56c31
--- /dev/null
+++ b/core/lerna/commands/add-caching/command.js
@@ -0,0 +1,19 @@
+// @ts-check
+
+"use strict";
+
+/**
+ * @see https://github.com/yargs/yargs/blob/master/docs/advanced.md#providing-a-command-module
+ */
+exports.command = "add-caching";
+
+exports.describe = "Interactive prompt to generate task runner configuration";
+
+exports.builder = (yargs) => {
+  return yargs;
+};
+
+exports.handler = function handler(argv) {
+  // eslint-disable-next-line global-require
+  return require(".")(argv);
+};
diff --git a/core/lerna/commands/add-caching/index.js b/core/lerna/commands/add-caching/index.js
new file mode 100644
index 0000000000..7879da7d44
--- /dev/null
+++ b/core/lerna/commands/add-caching/index.js
@@ -0,0 +1,158 @@
+// @ts-check
+
+"use strict";
+
+const { Command } = require("@lerna/command");
+const { writeJsonFile, readJsonFile, workspaceRoot, joinPathFragments } = require("@nrwl/devkit");
+const inquirer = require("inquirer");
+const log = require("npmlog");
+
+module.exports = factory;
+
+function factory(argv) {
+  return new AddCachingCommand(argv);
+}
+
+class AddCachingCommand extends Command {
+  constructor(argv) {
+    super(argv, { skipValidations: true });
+  }
+
+  initialize() {
+    if (this.options.useNx === false) {
+      this.logger.error(
+        "add-caching",
+        "The `add-caching` command is only available when using the Nx task runner (do not set `useNx` to `false` in `lerna.json`)"
+      );
+      // eslint-disable-next-line no-process-exit
+      process.exit(1);
+    }
+
+    const packages = this.packageGraph?.rawPackageList || [];
+    const uniqueScriptNames = new Set();
+    for (const pkg of packages) {
+      for (const scriptName of Object.keys(pkg.scripts || {})) {
+        uniqueScriptNames.add(scriptName);
+      }
+    }
+    this.uniqueScriptNames = Array.from(uniqueScriptNames);
+  }
+
+  async execute() {
+    this.logger.info(
+      "add-caching",
+      "Please answer the following questions about the scripts found in your workspace in order to generate task runner configuration"
+    );
+    process.stdout.write("\n");
+
+    log.pause();
+
+    const { targetDefaults } = await inquirer.prompt([
+      {
+        type: "checkbox",
+        name: "targetDefaults",
+        message: "Which of the following scripts need to be run in deterministic/topoglogical order?\n",
+        choices: this.uniqueScriptNames,
+      },
+    ]);
+
+    const { cacheableOperations } = await inquirer.prompt([
+      {
+        type: "checkbox",
+        name: "cacheableOperations",
+        message:
+          "Which of the following scripts are cacheable? (Produce the same output given the same input, e.g. build, test and lint usually are, serve and start are not)\n",
+        choices: this.uniqueScriptNames,
+      },
+    ]);
+
+    const scriptOutputs = {};
+
+    for (const scriptName of cacheableOperations) {
+      // eslint-disable-next-line no-await-in-loop
+      scriptOutputs[scriptName] = await inquirer.prompt([
+        {
+          type: "input",
+          name: scriptName,
+          message: `Does the "${scriptName}" script create any outputs? If not, leave blank, otherwise provide a path relative to a project root (e.g. dist, lib, build, coverage)\n`,
+        },
+      ]);
+    }
+
+    log.resume();
+
+    process.stdout.write("\n");
+
+    this.convertAnswersToNxConfig({ cacheableOperations, targetDefaults, scriptOutputs });
+
+    this.logger.success("add-caching", "Successfully updated task runner configuration in `nx.json`");
+
+    this.logger.info(
+      "add-caching",
+      "Learn more about task runner configuration here: https://lerna.js.org/docs/concepts/task-pipeline-configuration"
+    );
+    this.logger.info(
+      "add-caching",
+      "Note that the legacy task runner options of --sort, --no-sort and --parallel no longer apply. Learn more here: https://lerna.js.org/docs/recipes/using-lerna-powered-by-nx-to-run-tasks"
+    );
+  }
+
+  convertAnswersToNxConfig(answers) {
+    const nxJsonPath = joinPathFragments(workspaceRoot, "nx.json");
+    let nxJson = {};
+    try {
+      nxJson = readJsonFile(nxJsonPath);
+      // eslint-disable-next-line no-empty
+    } catch {}
+
+    nxJson.tasksRunnerOptions = nxJson.tasksRunnerOptions || {};
+    nxJson.tasksRunnerOptions.default = nxJson.tasksRunnerOptions.default || {};
+    nxJson.tasksRunnerOptions.default.runner =
+      nxJson.tasksRunnerOptions.default.runner || "nx/tasks-runners/default";
+    nxJson.tasksRunnerOptions.default.options = nxJson.tasksRunnerOptions.default.options || {};
+
+    if (nxJson.tasksRunnerOptions.default.options.cacheableOperations) {
+      this.logger.warn(
+        "add-caching",
+        "The `tasksRunnerOptions.default.cacheableOperations` property already exists in `nx.json` and will be overwritten by your answers"
+      );
+    }
+
+    nxJson.tasksRunnerOptions.default.options.cacheableOperations = answers.cacheableOperations;
+
+    if (nxJson.targetDefaults) {
+      this.logger.warn(
+        "add-caching",
+        "The `targetDefaults` property already exists in `nx.json` and will be overwritten by your answers"
+      );
+    }
+
+    nxJson.targetDefaults = nxJson.targetDefaults || {};
+
+    for (const scriptName of answers.targetDefaults) {
+      nxJson.targetDefaults[scriptName] = nxJson.targetDefaults[scriptName] || {};
+      nxJson.targetDefaults[scriptName] = { dependsOn: [`^${scriptName}`] };
+    }
+
+    for (const [scriptName, scriptAnswerData] of Object.entries(answers.scriptOutputs)) {
+      if (!scriptAnswerData[scriptName]) {
+        // eslint-disable-next-line no-continue
+        continue;
+      }
+      nxJson.targetDefaults[scriptName] = nxJson.targetDefaults[scriptName] || {};
+      nxJson.targetDefaults[scriptName].outputs = [`{projectRoot}/${scriptAnswerData[scriptName]}`];
+    }
+
+    writeJsonFile(nxJsonPath, nxJson);
+  }
+
+  // eslint-disable-next-line class-methods-use-this
+  normalizePathInput(pathInput) {
+    if (pathInput.startsWith("/")) {
+      return pathInput.substring(1);
+    }
+    return pathInput;
+  }
+}
+
+module.exports.AddCachingCommand = AddCachingCommand;
diff --git a/core/lerna/index.js b/core/lerna/index.js
index a1bdc95de1..ee3751d8b9 100644
--- a/core/lerna/index.js
+++ b/core/lerna/index.js
@@ -21,6 +21,7 @@ const runCmd = require("@lerna/run/command");
 const versionCmd = require("@lerna/version/command");
 
 const repairCmd = require("./commands/repair/command");
+const addCachingCmd = require("./commands/add-caching/command");
 
 const pkg = require("./package.json");
 
@@ -34,6 +35,7 @@ function main(argv) {
   // @ts-ignore
   return cli()
     .command(addCmd)
+    .command(addCachingCmd)
     .command(bootstrapCmd)
     .command(changedCmd)
     .command(cleanCmd)
diff --git a/core/lerna/package.json b/core/lerna/package.json
index cbfb887891..cf5c69b42e 100644
--- a/core/lerna/package.json
+++ b/core/lerna/package.json
@@ -61,6 +61,7 @@
     "@lerna/version": "file:../../commands/version",
     "@nrwl/devkit": ">=14.8.1 < 16",
     "import-local": "^3.0.2",
+    "inquirer": "^8.2.4",
     "npmlog": "^6.0.2",
     "nx": ">=14.8.1 < 16",
     "typescript": "^3 || ^4"
diff --git a/package-lock.json b/package-lock.json
index e801fca045..4d47598504 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -552,6 +552,7 @@
         "@lerna/version": "file:../../commands/version",
         "@nrwl/devkit": ">=14.8.1 < 16",
         "import-local": "^3.0.2",
+        "inquirer": "^8.2.4",
         "npmlog": "^6.0.2",
         "nx": ">=14.8.1 < 16",
         "typescript": "^3 || ^4"
@@ -27362,6 +27363,7 @@
         "@lerna/version": "file:../../commands/version",
         "@nrwl/devkit": ">=14.8.1 < 16",
         "import-local": "^3.0.2",
+        "inquirer": "^8.2.4",
         "npmlog": "^6.0.2",
         "nx": ">=14.8.1 < 16",
         "typescript": "^3 || ^4"