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  2. DMAIC - Wikipedia

    en.wikipedia.org/wiki/DMAIC

    DMAIC. DMAIC or define, measure, analyze, improve and control[ 1] (pronounced də-MAY-ick) refers to a data-driven improvement cycle used for optimizing and stabilizing business processes and designs. The DMAIC improvement cycle is the core tool used to drive Six Sigma projects. However, DMAIC is not exclusive to Six Sigma and can be used as ...

  3. Project management triangle - Wikipedia

    en.wikipedia.org/wiki/Project_management_triangle

    The project management triangle (called also the triple constraint, iron triangle and project triangle) is a model of the constraints of project management. While its origins are unclear, it has been used since at least the 1950s. [ 1] It contends that: The quality of work is constrained by the project's budget, deadlines and scope (features ...

  4. Earned value management - Wikipedia

    en.wikipedia.org/wiki/Earned_value_management

    Earned value management is a project management technique for measuring project performance and progress. It has the ability to combine measurements of the project management triangle: scope, time, and costs. In a single integrated system, EVM is able to provide accurate forecasts of project performance problems, which is an important aspect of ...

  5. Program evaluation and review technique - Wikipedia

    en.wikipedia.org/wiki/Program_Evaluation_and...

    The program evaluation and review technique ( PERT) is a statistical tool used in project management, which was designed to analyze and represent the tasks involved in completing a given project . PERT was originally developed by Charles E. Clark for the United States Navy in 1958; it is commonly used in conjunction with the Critical Path ...

  6. Benchmarking - Wikipedia

    en.wikipedia.org/wiki/Benchmarking

    Benchmarking is the practice of comparing business processes and performance metrics to industry bests and best practices from other companies. Dimensions typically measured are quality, time and cost . Benchmarking is used to measure performance using a specific indicator (cost per unit of measure, productivity per unit of measure, cycle time ...

  7. Process-data diagram - Wikipedia

    en.wikipedia.org/wiki/Process-data_diagram

    Since project management is actually not within the scope of this research, the concept CONTROL MANAGEMENT has not been expanded. However, in a complex project is RISK MANAGEMENT of great importance. Therefore, the choice is made to expand the RISK MANAGEMENT concept. Figure 10: Example Process-Data Diagram - Orientation phase in a complex project

  8. Process-based management - Wikipedia

    en.wikipedia.org/wiki/Process-based_management

    Process-based management is a management approach that views a business as a collection of processes, managed to achieve a desired result. [ 1] Processes are managed and improved by the organisation for the purpose of achieving its vision, mission and core values. A clear correlation between processes and vision supports the company in planning ...

  9. Process performance index - Wikipedia

    en.wikipedia.org/wiki/Process_performance_index

    Consider a quality characteristic with a target of 100.00 μm and upper and lower specification limits of 106.00 μm and 94.00 μm, respectively. If, after carefully monitoring the process for a while, it appears that the process is out of control and producing output unpredictably (as depicted in the run chart below), one can't meaningfully estimate its mean and standard deviation.

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