Project Management Archives - Page 4 of 4

Understanding Cost of Conformance: All You Need To Know

May 14th, 2024

Requirements are evolving rapidly, guaranteeing quality and meeting industry protocols underpins survival. However, compliance comes with a “conformity cost” tag – assets, efforts, and investments maintaining oversight and remedies. These quality assurance outlays include defect prevention, checks, and non-meeting fixes. Importantly, conformity costs impact enterprises enormously across fields. Ignoring such expenses risks sizable monetary losses, […]

Image: Lead Time in Supply Chain and Project Management

Lead Time – How Does it Work? A Complete Guide

May 9th, 2024

Lead time has grown vital across industries. Also called cycle time or throughput, it sums the ordering start till delivery end. This yardstick holds weighty consequences in supply chain governance, directly impacting customer happiness, stock degrees, and efficiency all in all. Competitively meeting clientele fast-morphing anticipations hinges on lead time administration. Whether churning solid manufactured […]

Image: Multi-Generational Product Planning (MGPP)

Multi-Generational Product Planning (MGPP) for Product Success.

May 7th, 2024

Developing products well-fit for now and tomorrow requires smart, future-focused planning. Multi-Generation Product Planning (MGPP) is a comprehensive method allowing organizations to properly manage and improve their goods lineups over the years. It sees the full product lifespan, from concept to retirement. It accounts for generations after while coordinating portfolio roadmaps with company targets, tech […]

Image: Weighted Shortest Job First (WSJF) formula & matrix

WSJF (Weighted Shortest Job First) – Agile Framework. Complete Guide

April 15th, 2024

With limited time and shifting demands, development teams need a systematic way to focus on high-impact work. That’s where Weighted Shortest Job First (WSJF) prioritization comes in. WSJF provides a powerful framework for identifying and sequencing the most economically sensible tasks that can be finished quickly. By considering factors like duration, value, delay costs, and […]

Project Prioritization Matrix in Lean Six Sigma. Complete Guide

April 9th, 2024

Project Prioritization Matrix sets up a way to objectively look at potential projects based on key things to consider. Things like if the project helps with important goals, how much benefit it will bring, costs involved, risks, and resources needed. Plotting all this out gives a clear picture of what should come first. It takes […]

Image: Process Improvement & Project Optimization with DMEDI

What is DMEDI? Design for Six Sigma Process Excellence

April 8th, 2024

Companies constantly seek ways to streamline processes, enhance customer satisfaction, and drive innovation. While the Six Sigma methodology has long been recognized for improving existing processes through the DMAIC (Define, Measure, Analyze, Improve, Control) approach, the DMEDI framework offers a powerful tool for designing and implementing entirely new processes or products. This methodology, which falls […]

What is Capacity Planning? Types, Strategies & Best Practices

April 3rd, 2024

Effective capacity planning plays in the success of any organization, regardless of its size or industry. Capacity planning is all about figuring out how much work your organization can handle, whether producing goods or delivering services, to meet the demands of your customers. It’s like planning how many ingredients you’ll need to bake a cake – […]

Essential Guide to Hoshin Kanri. Achieve Peak Performance with Strategic Planning and Execution

March 25th, 2024

In my experience as a Lean Six Sigma consultant, I’ve seen many organizations struggle to effectively translate their strategic vision into tangible operational results. Too often, a well-crafted strategy fails to cascade down through the organization, leaving frontline employees unsure of how their day-to-day work supports the company’s broader objectives. This is where the Japanese […]

Prioritize Projects and Tasks With Impact Effort Matrix

March 22nd, 2024

Effective prioritization is essential for any organization or project team, as it enables you to focus your limited resources on the initiatives that will deliver the greatest return on investment. By identifying and concentrating on the high-impact, low-effort tasks, you can maximize your impact and efficiency, driving tangible results for your business. Key Highlights: As […]

How to Use Input Process Output Model For Business Success

March 18th, 2024

Teams are the backbone of modern organizations, driving innovation, problem-solving, and organizational success. However, building and sustaining high-performing teams is a complex endeavor that requires a deep understanding of the underlying dynamics and processes. This is where the Input-Process-Output (IPO) model comes into play, providing a framework for analyzing and optimizing team effectiveness. Key Highlights […]

PM4PI (Project Management for Process Improvements) Training Series by 6sigma

January 10th, 2022

Most of us never have the large budgets of time and money of the largest and most publicized projects: those with teams of hundreds or even thousands and multi-million-dollar budgets. Most of us work on projects with a few to a dozen team members, some or many part-time. Our budgets are several tens or hundreds […]

New Project Management Training from SixSigma.us

September 24th, 2021

Six Sigma tools are indeed important tools for getting better project results. The same can be said for Project Management methods are important for getting better Six Sigma results. Studying Project Management to the level required to earn certification from PMI is one approach, but takes years of time, for you and your company. Even […]

How Does Six Sigma Relate to Project Management?

August 7th, 2021

Six Sigma is a unique set of techniques that helps companies make their processes more efficient. It enables companies to improve the effectiveness of their production processes with a data-driven approach. Six Sigma is intertwined with project management, as it helps companies complete large-scale projects on time. What is Six Sigma? It is a unique […]

The Project Charter and Define Phase Are Inseparable

February 18th, 2019

When working towards process improvements, believe it or not, the Define phase of DMAIC takes on an extra level of importance. Why? Well, you can’t assume that everyone is going to interpret the cause of the issue or problem in the same way. So the structured template of the Define phase covers all bases. The […]

The Importance of the Project Charter

April 9th, 2018

The quest of Six Sigma is to get as close to perfection as possible, which is 99.99966%. So to achieve this level of perfection, we take a detailed, specific and data-driven approach to tasks. There are great tools to help achieve this. These tools help lay out the groundwork by forming a nice template to […]

Lean Six Sigma Methodologies Machine Learning

Machine Learning and Six Sigma: Insights and Improvements

March 22nd, 2017

The human brain is a powerful thing. Often likened to a computer, it processes 400 billion bits of information per second and is always learning. The human capacity for learning is unlike any other species, but it is not a characteristic applicable only to people. Science fiction stories have explored the concept of artificial intelligence […]

Should My Six Sigma Course Contain CEU Credit?

March 22nd, 2017

Six Sigma has become a worldwide phenomenon, helping improve business processes in some of the world’s largest companies. But before any Six Sigma professional can get to this stage, they must first receive certification. If you are the provider of a Six Sigma course, consider the following. Should your Six Sigma course contain a CEU […]

What Employers Can Expect from Green Belt Training

March 18th, 2017

The foundation of Six Sigma team work, Green Belts are, in many ways, the core of your project team. As such, they are essential to the smooth-running of projects and completion of process improvement objectives. Six Sigma Green Belts all share a range of key qualities that make them stand out from the rest. These […]

Six Sigma Project Success: How to Deal with Decision Delays

March 17th, 2017

Decision delays are the bane of a well-run Six Sigma project. Your time is valuable and we understand how frustrating it can become. Delay is also a problem in production, executive, and administrative processes all over the world, but it can be overcome. Not only is delay detrimental to Kaizen but it also violates Lean […]

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