Applying six sigma strategy to project management processes, Other Management

Assignment Help:

Applying Six Sigma business strategy to project management processes

When an organisation would like to introduce the Six Sigma for the new management strategy, the following steps can be followed which include:

  • Identification of the problem
  • Setting goals to resolve the problem and define the results in terms of financials and timeframes. The top 5 or 10 goals are identified
  • Collecting the data for considerable period to analyse. Collecting the relevant data is very important since incomplete data will draw out wrong results
  • Performing SIPOC (Suppliers, Inputs, Processes, Outputs and Customers) analysis.
  • Performing the statistical analysis based on the relevant tools to recognise the core issues which will be responsible for the problem.
  • Focusing on the core issues by analysing the top most factors.
  • Setting a goal to mitigate the factors.
  • Analysing the results.
  • Identifying and measuring the gains.

Usually it is not easy to run the above steps once and then achieve the final results. But, with the help of interim results in different iterations the final results can be achieved.

Six Sigma is applied in organisations to eradicate business problems which involve problem solving. But, somehow organisations have found themselves compromising on the quality with problem solving. This is the main reason why companies have decided to implement Six Sigma and support the Six Sigma training. The top down approach of Six Sigma needs dedication and application at all the levels of the organisation and a continuous basis. The statistical methodology of Six Sigma throws light on the existing flaws and their causes after thorough analysis. The emphasis is placed on the experimentation following the analysis  and  redefining the processes and their goals.

Whereas traditional methods of DMAIC concentrate to bring in continuous improvement, the process of DMADV (Define-Measure-Analyse-Design- Verify) is used when the existing processes seems inadequate to solve problems. DMADV is synonymous with DFSS (Design for Six Sigma). Here the aim is have the end point in mind and accordingly build an optimal system. The process of DMAIC begins after the system is built.

Operationally, the employee satisfaction due to improvement in the work flow, reduction in the process times and steps, better usage of work space are some of the best results from the implementation of Six Sigma. One of the major operational reasons for choosing Six Sigma is the success in waste reduction and redundancy. The waste reduction is measured in terms of improving time, product movement and decreasing the material construction. The financial and operational advantages of supporting Six Sigma for organisations are very high and this is the obvious reason for its patronage.


Related Discussions:- Applying six sigma strategy to project management processes

Microform reading equipment -library equipment, Microform Reading Equipment...

Microform Reading Equipment -LIBRARY EQUIPMENT-LIBRARY MANAGEMENT Some aspects of  microform reading room and storing equipment are already discussed above. You are going t

What is the required rate of return on the project, QUESTION a. The ris...

QUESTION a. The risk free rate is 10 percent and the expected return on the market portfolio is 14 percent. A firm considers a project that is expected to have a beta of 1.3, w

Quantitative methods, statistics are not mainly the records of the past but...

statistics are not mainly the records of the past but they are useful in the planing of the future. Discuss the statement and explain the role of statistics in economic planning.

Approach of readers for documents - library classification, Approach of Rea...

Approach of Readers for Documents: As stated earlier, documents can be arranged in libraries on the basis of the colour of the binding, the size, the language, the year of pub

Why ethics is important in procurement, QUESTION 1 (i) Why ethics is im...

QUESTION 1 (i) Why ethics is important in procurement? (ii) How a public official involved in planning or conducting public procurement proceedings or contract administratio

Differentiation analysis and linkage analysis, QUESTION 1 You have rece...

QUESTION 1 You have recently been appointed as consultant in a company to review its vision and mission statements. Your first task is to introduce the subject to top managemen

Explanation of public relations, Problem Explain the key tools availabl...

Problem Explain the key tools available to carry out the public relations function. Explanation of Public relations Developing Media Relations Launching Media Tours

Main determinants that affect the shaping of business policy, QUESTION 1 ...

QUESTION 1 (a) Explain the four characteristics of service and discuss the challenges that these characteristics pose to service products. Use relevant examples for each charac

Explain the captive market, Question 1: Over the past years, the accom...

Question 1: Over the past years, the accommodation industry in general has had to move away from a captive market, diversify its range of products and services in order

Full life cycle framework in it governance, The full lifecycle framework ...

The full lifecycle framework The objective of this section is to introduce the full lifecycle approach proposed by Berghout et al. (2002). This framework  deals  in an effectiv

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd