Project Integration and Communication Management
Project integration management refers to the process of tying everything in place. Integration management deals with: Developing the Project Charter and Project Scope statement (Initiating Process Group), Develop Project Management Plan (Planning process group), Direct and Manage project execution (Executing Process group). Hence this is process that integrates all the disparate processes and provides a […]
Data Warehouse, Data Marts and Online Analytical Processing (OLAP)
Introduction One of the critical components in the information technology age is the data. Data is the source of all the information and information is valuable for decision making process. Decision support systems are developed to support executive management and relevant decision makers. In the modern era, there is large volume of information is available. […]
How the Pandemic is a Nightmare for Small Businesses and Ways to Help Them
How the Economic Crisis Due to the Covid Pandemic Has Been Disastrous for the SMEs While the Covid 19 Pandemic has been hard on all, including businesses, individuals, and other entities, it has been nightmarish for Small and Medium Enterprises or SMEs. This is because the SMEs typically operate on a smaller scale when compared […]
Information System for Talent Management
Introduction Information technology and system have changed the way business gets conducted. Every decision-making process is enhanced with utilization of an information system. Information systems have been deployed by human-resource team to enhance employee employer relationship. Companies require great deal of contribution from employee for its success though information systems have made several processes automated. […]
Are Multinational Companies a Boon or a Bane?
The economic power that many multinational companies wield is commendable, to say the least. Companies like Amazon and Apple have a valuation of over a trillion dollars. This is more than the GDP of most countries! Hence, in purely financial terms, multinational companies do wield tremendous influence on the day to day operations of many […]
As we have seen, Six Sigma is an elaborate methodology. It requires time to learn and even more time to successfully implement. However, as we have also seen that there is a golden pot at the end of the rainbow. Countless organizations have transformed their operations based on their Six Sigma capabilities. Nowadays, having processes that are Six Sigma efficient are a pre-requisite to survive the competition.
However, many feel that the formalities involved in closing a Six Sigma project are numerous and worthless. If you have a narrow horizon than this opinion may be correct. If you just consider one project at a time then the efforts may seem unnecessary and a waste of resources. However, in most organizations Six Sigma is a philosophy and a way of life and hence as we shall see the closing formalities do add value to the subsequent projects.
Here are a few good reasons why one should spend time on writing detailed documentation about the project:
Positive Lessons: Each project brings along with itself some new lessons. There are many positive lessons like the application of newer technology, discovering the drivers of a certain kind of process and so on. Documenting these positive lessons and preserving them in the knowledge library of the organization helps leverage them at a later date.
Negative Lessons: There are many issues and challenges faced during the project as well. Countless times projects get delayed because of unexpected hurdles. Over the period of time, by trial and error project teams realise that some things work and others don’t in certain situations. Such knowledge is experience based and cannot be found in text books or any other literature.
Six Sigma projects have multiple stakeholders. At the end of the project, it is essential that everyone feels that their needs have been successfully met by the project team. There should never be a scenario wherein one group feels that they have got the raw end of the deal. This is the reason closing Six Sigma projects requires discussions with a wide variety of stakeholders and ultimately a large number of signoffs are required.
Documenting both positive and negative lessons makes things a lot easier for the forthcoming generations of project teams. They do not have to reinvent the wheel. Rather when they face a similar problem, they can just look up the solution that your team may have spent time in discovering and start working from there.
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Step 3B: Choosing the Correct Control Chart (Continuous Data)
February 12, 2025
Step 3A: Choosing the Correct Control Chart (Discrete Data)
February 12, 2025
