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What Is Six Sigma?

What Is Six Sigma?
Six Sigma – what does it mean? “Six Sigma is a quality program that, when all is said and done, improves your customer’s experience, lowers your costs, and builds better leaders. — Jack Welch Six Sigma at many organizations simply means a measure of quality that strives for near perfection. Six Sigma is a disciplined, data-driven approach and methodology for eliminating defects (driving toward six standard deviations between the mean and the nearest specification limit) in any process – from manufacturing to transactional and from product to service. The statistical representation of Six Sigma describes quantitatively how a process is performing. To achieve Six Sigma, a process must not produce more than 3.4 defects per million opportunities. The fundamental objective of the Six Sigma methodology is the implementation of a measurement-based strategy that focuses on process improvement and variation reduction through the application of Six Sigma improvement projects.

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Agile Modeling and the Rational Unified Process (RUP) Agile Modeling (AM) is a practices-based software process whose scope is to describe how to model and document in an effective and agile manner. The practices of AM should be used, ideally in whole, to enhance other, more complete software process such as eXtreme Programming (XP), the Rational Unified Process (RUP), Disciplined Agile Delivery (DAD), and the Enterprise Unified Process (EUP) to name a few. These processes cover a wider scope than AM, in the first three cases the development process and in the fourth the full software process including both development and production. Although these processes all include modeling and documentation activities, in one form or the other, there is definitely room for improvement. With DAD the practices of AM are built right into the framework, with XP the modeling processes should be better defined, and with RUP modeling processes could definitely stand to be made more agile. How Modeling Works in the Unified Process

What is business analytics (BA)? - Definition from WhatIs.com Business analytics (BA) is the practice of iterative, methodical exploration of an organization’s data with emphasis on statistical analysis. Business analytics is used by companies committed to data-driven decision making. By submitting your email address, you agree to receive emails regarding relevant topic offers from TechTarget and its partners. You can withdraw your consent at any time. Contact TechTarget at 275 Grove Street, Newton, MA. TRACtion Lean Six Sigma Project Tracking and Management TRACtion - A Tool for the Entire Team TRACtion pricing is a function of several factors, the foremost of which is level of usage. We believe that ALL team members should be empowered to access and view project data, status updates, summaries, and project tools on an as-needed basis. To encourage deployments to involve all their team members in project management, we do not charge for licensed usage by team members (e.g., non-team leaders, process owners). We only charge annually for "Power Users" - our term for the group of your practitioners who will gain the most value from TRACtion. Power Users are the heaviest users of TRACtion's features (e.g., Team Leaders, Champions, and Financial Auditors).

Redirecting to Discover how PRINCE2 can help you achieve your goals and manage projects effectively. Use the quick links to scroll to a relevant section. PRINCE2 Definition PRINCE2 (an acronym for PRojects IN Controlled Environments) is a de facto process-based method for effective project management. Used extensively by the UK Government, PRINCE2 is also widely recognised and used in the private sector, both in the UK and internationally. The PRINCE2 method is in the public domain, and offers non-proprietorial best practice guidance on project management. Digital Transformation of Business and Society Digital Transformation of Business and Society At a recent KPMG Robotic Innovations event, Futurist and friend Gerd Leonhard delivered a keynote titled “The Digital Transformation of Business and Society: Challenges and Opportunities by 2020”. I highly recommend viewing the Video of his presentation. As Gerd describes, he is a Futurist focused on foresight and observations — not predicting the future.

White Papers: Six Sigma deployment, Six Sigma strategies, LEAN M Excellence in Healthcare with Lean Six Sigma This 9-page whitepaper discusses the application of Lean Six Sigma in the Healthcare industry. The roles Lean Six Sigma can play in Healtcare as well as some success stories are presented. Download now

Elements for a Successful Project Kickoff Meeting There are many elements to running a successful kickoff meeting. I’ve tried to capture those key elements that in my experience make the meeting a success. No surprises – how to preach to the choir The first element that I can’t emphasize enough is, “No surprises”.

Online analytical processing In computing, online analytical processing, or OLAP (/ˈoʊlæp/), is an approach to answering multi-dimensional analytical (MDA) queries swiftly.[1] OLAP is part of the broader category of business intelligence, which also encompasses relational database, report writing and data mining.[2] Typical applications of OLAP include business reporting for sales, marketing, management reporting, business process management (BPM),[3] budgeting and forecasting, financial reporting and similar areas, with new applications coming up, such as agriculture.[4] The term OLAP was created as a slight modification of the traditional database term online transaction processing (OLTP).[5] OLAP tools enable users to analyze multidimensional data interactively from multiple perspectives. OLAP consists of three basic analytical operations: consolidation (roll-up), drill-down, and slicing and dicing.[6] Consolidation involves the aggregation of data that can be accumulated and computed in one or more dimensions.

Project Management for Today’s and Tomorrow’s Event Planner - Event Manager Blog Event professionals and industry associations have acknowledged it for many years. Project Management (PM) tools and methodologies are an asset to Event Management. Why? Hypercube An n-dimensional hypercube is also called an n-cube or an n-dimensional cube. The term "measure polytope" is also used, notably in the work of H. S. M.

MS Project 2013 Upload Ric French Loading... Working... ► Play all OLAP cube An example of an OLAP cube An OLAP cube is a term that typically refers to multi-dimensional array of data. OLAP is an acronym for online analytical processing,[1] which is a computer-based technique of analyzing data to look for insights. The term cube here refers to a multi-dimensional dataset, which is also sometimes called a hypercube if the number of dimensions is greater than 3. Terminology[edit] A cube can be considered a multi-dimensional generalization of a two- or three-dimensional spreadsheet.

ROLAP ROLAP (relational online analytical processing) is an alternative to the MOLAP (Multidimensional OLAP) technology. While both ROLAP and MOLAP analytic tools are designed to allow analysis of data through the use of a multidimensional data model, ROLAP differs significantly in that it does not require the pre-computation and storage of information. Instead, ROLAP tools access the data in a relational database and generate SQL queries to calculate information at the appropriate level when an end user requests it. With ROLAP, it is possible to create additional database tables (summary tables or aggregations) which summarize the data at any desired combination of dimensions. While ROLAP uses a relational database source, generally the database must be carefully designed for ROLAP use. A database which was designed for OLTP will not function well as a ROLAP database.

MOLAP MOLAP (multidimensional online analytical processing) is an alternative to the ROLAP (Relational OLAP) technology. While both ROLAP and MOLAP analytic tools are designed to allow analysis of data through the use of a multidimensional data model, MOLAP differs significantly in that (in some software) it requires the pre-computation and storage of information in the cube — the operation known as processing. Most MOLAP solutions store these data in an optimized multidimensional array storage, rather than in a relational database (i.e. in ROLAP). There are many methodologies and algorithms for efficient data storage, aggregation and implementation specific business logic with a MOLAP Solution. As a result there are many misconceptions to what the term specifically implies.

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