The Individuals and Moving Range Chart is one of the most powerful tools to understand how your process is performing over time. An IMR Chart can reveal shifts, trends, cycles as well as other information necessary to understand how your process is performing. The IMR Chart is an important baselining tool to understand if a process is meeting expectations. It can also help to understand the impact of interventions you may have planned.
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Tool-of-the-Month Club: The Histogram
When it comes to creating a snapshot of process performance that illustrates the “Voice of the Process,” there may be no better tool than the histogram. More than this, the histogram is the starting point for discussions about Capability, a Six Sigma metric. In this session we will share various ways to create the histogram, how to effectively interpret the output, and how to leverage the information contained within it.
Tool-of-the-Month Club: Project Selection
Opportunities for improvement everywhere you look. Imperatives for improved performance, too. How do you succeed to not only “do things right,” but also “do the right things?”
Join us for a look into the power of democratizing ideation and automating improvement through Project Portfolio Management.
In this video we:
- Explain the benefits of Project Portfolio Management (PPM)
- Compare manual vs automated ideation and project selection
- Establish a rational, disciplined way to determine a project’s viability
Request a free Project Selection tool after the completion of this program.