I. Introduction: Hitting the Target with Cpm II. What Is Cpm? III. When to Use Cpm? IV. Interpreting Cpm Values V. Steps to Calculate and Apply Cpm VI. Benefits of Using Cpm VII. Common Pitfalls When Using Cpm VIII. Tools for Measuring Cpm IX. Practical Applications of Cpm X. Conclusion: The Value of Cpm in (more…)
Review the project objectives achieved in relation to the project charter with team members and sponsors and ensure that documentation is completed and stored appropriately. Identify lessons learned and inform other parts of the organization about opportunities for improvement. (Apply) I. Introduction: The Significance of Six Sigma Project Closure II. What Is Six Sigma Project (more…)
I. Introduction: The Power of Cost-Benefit Analysis in Six Sigma When organizations initiate Six Sigma projects, they often face uncertainty in selecting the most effective projects to enhance processes and achieve financial benefits. To make smarter, data-driven decisions, organizations conduct a cost-benefit analysis before implementing improvement actions. This approach helps prioritize projects that offer the (more…)
In professional terms, Hoshin Kanri is a method that helps build strategic planning to setup and achieve goals with minimum or no waste to resources due to lack of communication between the management and the operations staff.
An interrelationship digraph helps you see relations and influences between several concepts – even if those concepts are very different.
