Six Sigma is a statistical tool for process improvement. This is a step-by-step systematic approach to solve the problems and we know it by DMAIC methodology also. In Six Sigma we convert real life problems into statistical problems. After converting we use statistical tools to find the statistical solutions for that problem. Afterwards, these statistical […]
Six Sigma Methodology – Define Phase Read More »
In project management scheduling is the listing of activities and milestones for a project from start date to finish date. Moreover, this listing is based on logical and sequential manner. A project schedule can be at a very top level showing some main activities and milestones. This high-level project schedule is prepared for the top
Project Scheduling Techniques in Project Management Read More »
As a chemical engineer there are situations, where we need to evaluate various investment options for purchasing a machine or going for a new plant project. So, to select the best option among available alternatives we use project investment appraisal methods or techniques. There are many Investment appraisal techniques like payback period, return on investment,
Project Investment Appraisal Methods Read More »
In my last article on fundamentals of project management I had mentioned that project charter is the important document at the end of project Initiating Phase. This document is very critical for the successful, within budget and timely completion of your project. In other words, we can say this is just like a foundation of
How to Prepare a Project Charter? Read More »
