For example, risk might be categorized as: schedule, budget, technical, quality, personnel, and so on. Categorization can bring additional insight into the risk management process, as it is possible ...

SIX SIGMA is in essence a structured methodology to systematically improve processes by eliminating defects. The ideas and practices came out of manufacturing in the mid-1980s and have been reported ...

The Beginnings of Six Sigma. Essentially, Shewhart used the concept of normal distribution (or a “bell curve”) to project the amount of defective products his company’s supply chain could expect to ...