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Chapter 9: Selecting the Right Projects, 1520152501073, istockphoto…
Chapter 9: Selecting the Right Projects
Juggling the Right Amount of Projects
avoid too many projects at once
balance workload
consider available resources
focus on impact over quantity
prevent burnout & poor execution
Enterprise-Level Selection Process
leadership involvement
align projects with company goals
consider financial impact
prioritize high-cost defect areas
evaluate resource availability
Factors to Consider When Choosing Projects
sigma level
customer impact
financial return
feasibility
required time & cost
risk level
Cost vs Benefit Analysis
estimate cost of defects
estimate improvement cost
compare potential savings
prioritize biggest financial impact
Continuous Improvement Culture
improvement is ongoing
prioritize strategically
reevaluate project list regularly
