2. Six Sigma Project Management

A project is a temporary endeavor to achieve some specific objectives in a defined time, and it varies in size and duration. A project involves many processes, and each such process progresses with specific objectives. A project management is therefore a dynamic process that utilizes the appropriate resources of the organization in a controlled and structured manner to achieve some clearly defined objectives, identifies as strategic needs conducted within a defined set of constraints. The necessity of carrying out SWOT analysis, the importance of brainstorming, the necessity of planning a project, etc. are visualized through a Six Sigma project. Various phases of project management and the activities involved in each are critically examined in this chapter. The importance of stakeholder participation, customer-centric product realization, process-based measurement, model-based project, etc. is thoroughly studied for better understanding of a Six Sigma project. We have also studied the project risk assessment and provided risk-ranking matrix. The two critical evaluation of a project, namely critical path method and project (or program) evaluation and review technique (PERT) are also explained through an example.