‘Five S’ is one of the names that most of the people in manufacturing industry, and those in Quality & Operations management would have come across mainly in their career. It is one of the tools and techniques used as a part of LEAN, JIT (Just-In Time Manufacturing), and many other operational excellence methods. The […] Read more

These days, many projects launched by corporates are large scale and involve a lot of money. Also, the projects may be linked to acquiring market share and competitive advantage. Therefore estimating and adhering to the project schedule becomes more and more critical and an absolute necessity for companies. Typically, a project is a sequence or […] Read more

In a world of constant technical changes and business innovations, organizations are forced to keep up with the trend to remain in business. For this purpose, there are a lot of new projects rolled out, in parallel which are also inter-dependent on each other. Determining the project duration and adhering to the scheduled time is […] Read more

People who are working on projects and in any way related to processes and projects would have been heard about this term/tool. As the name goes, Activity Network Diagram depicts the flow of various activities involved in a project in the order of time. It depicts clearly the dependencies existing between activities (i.e.: the activities […] Read more

When there is a requirement for major improvement in key business areas, translating into more that 50 percent to 95 percent improvement, then breakthrough improvement strategies are adopted in Six Sigma implementation and change methodology. A Cross functional team consisting of five to seven members including six sigma black belts and green belts, is given […] Read more

The Capability Maturity Model was developed as a tool for assessing the ability of government software contractors Business Processes to complete a software project. Quality Management Maturity Grid was initially developed by Philip B. Crosby in his book Quality is Free. In the 1980’s many US Military software sub-contracted projects were completed later than planned […] Read more

Best Practice is a way or method of performing a business function or process that is considered to be superior to those achieved with other means, and is considered as a model for others to follow. Benchmarking is a systematic process used for identifying, adopting and implementing best practices. Japanese firms improved their quality drastically […] Read more

Hypothesis Testing is a statistical method to infer and validate the significance of any assumption on a given data. While discussing about statistical significance of a data, it means that the data can be scientifically tested and determined on its significance against the predicted outcome. A detailed explanation given below will shed more information. The […] Read more

Kaizen is a Japanese term and finds its usage all across the world both in production and service industries. KAIZEN literally means KAI- change and ZEN-Good; which means a good change that is nothing but improvement. Over a period of time this term has been referred to for Continuous Improvement. The benefits of KAIZEN implementation […] Read more

Worldwide, Just in Time production and Single Flow manufacturing are gaining attention and more and more companies are adapting to these methodologies. There are a lot of tools and techniques like Kaizen, Kanban, Jidoka, etc. to achieve LEAN manufacturing. KANBAN is a LEAN and JIT tool to control the flow of raw materials and Work […] Read more

Right from the day when organizations started to do ‘Mass Production’, there are a lot of improvements happening in the ways organizations manage their operations and interlinked processes. Organizations adapted to new methodologies and techniques to optimize the processes, reduce defects and cost and increase customer satisfaction. New approaches became popular every day, some of […] Read more