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ITEC 640 Project Management

Question

Answered

Question:

How can project management tools and concepts be integrated and used in continuous improvement projects? What is the relationship between project management and process improvement?

By taking the procedure control quality of project management and consolidating it with the investigating quality of Six Sigma, an organization can make a reliable, controlled and unsurprising procedure investigating framework. The joining can start with the advancement of a project life cycle. Executing the Six Sigma approach for characterizing the issue includes factual information on the issue, decreasing the opportunity of an off-base evaluation of the issue as characterized by the customer and degree archives. Utilizing Six Sigma apparatuses will lessen the inclination that impacts observations about a specific issue. Six Sigma instruments utilized for estimation of the issue – gage R&R, FMEA and control plans  can be valuable inside project management’s approval period of the life cycle. Including planning, booking and asset management from project management – for the duration of the life cycle, will permit management to settle on educated choices to move from stage to stage. The instruments of both project management and Six Sigma can be set right now to design, act, do and check for a procedure improvement project.

As organizations keep on searching for approaches to improve their frameworks, cut expenses and grow new items to support benefit, project frameworks will be ceaselessly refined. The joining of project management and Six Sigma is a characteristic fit. This coordinated methodology will better characterize approaches to achieve cost decrease, process upgrade, quicker execution, and new item advancement. The combination of the Six Sigma strategy and project management yields a methodology that can be utilized for both value-based and fabricating organizations to all the more likely comprehend the issues and openings that lie ahead.

What areas of your company would benefit most from the use of value stream maps?
One of the greatest benefits of value stream mapping is that it helps identify where the waste is the business process. Anything that does not add value to the end-customer is waste. VSM helps illuminate non-value activities in the organization. We have a proprietary trading software that is built in house and we have cross functional teams which does not communicate well. VSM would help us eliminate that bottleneck in the development process. Also, time to market would be reduced since it would help speed up the development process. Another area that it would help us would be testing.
Do you think your leadership team would be receptive to value stream mapping exercises?
I think our leadership team would be receptive to value stream mapping exercises since the project management team is looking for methods/processes to improve the overall efficiency of the organization. We have processes in place to help us identify deficiencies but using VSM would help us visualize better.

ITEC 640 Project Management

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BSBPMG522 Undertake Project Work

Question: Case Study-Development of a new staff recruitment and selection process Project Scope Mercury Institute of Victoria (MIV) is a Registered Training Organization (RTO) located in Melbourne’s CBD. With the current rapid growth of student numbers, we will need to hire more trainers. ...

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PMN610 Project Management Principles

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