article thumbnail

Six Sigma: A Simple Guide for Project Managers

ProjectManager.com

There has been some backlash against Six Sigma over the recent years, some of which is warranted and will be discussed, but overall the process proves a valuable tool in reducing defects in product manufacturing, especially when paired with Agile thinking, lean manufacturing and capable project management tools. Lean Six Sigma.

Lean 416
article thumbnail

Time Based Competition (TBC): A Strategic PM’s Perspective

The Strategic Project Manager

Jack Welch included Time in GE’s core principles of “speed, simplicity, and self-confidence” Lean and Six Sigma are based in part on the concept of using time as a strategic linchpin. ” Lean and Six Sigma came into vogue and have produced tremendous gains in productivity and process improvement.

Lean 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Review: An executive’s guide to disciplined agile

Henny Portman

Disciplined Agile (DA) provides light-weight guidance to help organizations streamline their Information Technology (IT) and business processes in a context-sensitive manner. DAIT addresses how to apply agile and lean strategies to all aspects of IT. Lean/advanced lifecycle based on Kanban. Disciplined DevOps.

article thumbnail

Monte Carlo Risk Analysis in Project Management

Project Pulse Journal

The costs being analyzed are Engineering, Marketing, and Information Technology (IT) Equipment. This could involve aligning the simulation results with Agile or Lean Six Sigma project management methodologies. Each cost estimate is based on uncertain factors like labor rates, material costs, etc.

article thumbnail

Complete Collection of Project Management Statistics 2015

Wrike

Lean & Test Driven Development (TDD) – 11%. Information/. Technology. Popularity by Industry: Finance – 87%. Information/Technology – 67%. Finance – 93%. Information Technology – 85%. 69% to 45% ). [12]. Most Popular Agile Tools and Processes: Scrum – 43%. eXtreme Programming – 10%.

2015 60
article thumbnail

Risk Management Resources

Herding Cats

The Rise and Evolution of the Chief Risk Officer: Enterprise Risk Management at Hydro One,” Tom Aabo, John Fraser, and Betty Simkins, Journal of Applied Corporate Finance , Volume 17, Number 3, Summer 2005. Information Technology Risk Management,” Michael J. Information Technology Risk Management,” Michael J.

article thumbnail

A Compendium of Risk Management Resources

Herding Cats

The Rise and Evolution of the Chief Risk Officer: Enterprise Risk Management at Hydro One,” Tom Aabo, John Fraser, and Betty Simkins, Journal of Applied Corporate Finance , Volume 17, Number 3, Summer 2005. Information Technology Risk Management,” Michael J. Information Technology Risk Management,” Michael J.