Project Cost Management to Track a Project's Finances
Project finance has to do with specific financial objectives related only to one project and not to the overall company. Managing, monitoring and …
Continue ReadingReview of FreeMind - Free Mind Mapping and Brainstorming Software
FreeMind is a free mind mapping application written in Java and licensed under GNU GPL license. Most mind mapping products allow the user to edit a …
Continue ReadingThe Six Sigma Five Why Method Explained
Five why method is a simple but effective six sigma tool to find root cause of a problem. This article will explain the use of five why method with …
Continue ReadingManaging your DMAIC Project Using Process Calculation Techniques
Six Sigma focuses on reducing defects and improving efficiency. Process sigma measures how a process performs relative to customer requirements. …
Continue ReadingThe Basis for Agile Project Management
We all hear about agile project management. But, these theories didn’t come out of nowhere. Learn about the roots of agile project management.
Continue ReadingUsing Six Sigma for Supply Chain Management
Using Six Sigma in supply chain management (SCM) helps in achieving substantial benefits in terms of costs and quality. This article will talk about …
Continue ReadingUtilizing SIPOC: A Six Sigma Tool Utilized in the DMAIC Process
The SIPOC is a key tool used in the Define phase of a DMAIC project. It provides clarity for the project team and stakeholders regarding the process …
Continue ReadingUnderstanding What Process Sigma Tells You About Your Process
A primary objective of Six Sigma process improvement projects is to reduce defects. A defect is a failure to meet customer standards for quality. …
Continue ReadingWhen DMAIC Is Not the Answer: A Review of Six Sigma DMAIC Criteria
What makes for a good Six Sigma process improvement project? Should all business problems be addressed using the DMAIC methodology? Here are some tips …
Continue ReadingHow to Use and Calculate an FMEA For Six Sigma
FMEA is a technique used to manage risk in projects. In Six Sigma, it is often incorporated as part of the Improve phase of DMAIC projects. Before a …
Continue ReadingCreating a Fishbone Diagram for Six Sigma Analysis
A fishbone or Ishikawa diagram is used to organize potential root causes of a problem and to help get at root causes. You can create one on a …
Continue ReadingSix Sigma and the X-Y Matrix of Project Management
X-Y matrix, a project management tool, is also called cause and effect (C&E) matrix. This article will explain six sigma X-Y matrix project …
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