A project's success depends on a combination of strategic planning, monitoring and excellent people skills. The biggest challenges include completing the project on time, within budget, and with the desired results.
If you have a project you have just successfully implemented, be it an introduction of a new process, an operations procedure improvement, a product launch or a new system software, we'd like to hear about it. How did you select your project? Did you have a risk management procedure in place?
The criteria to assess whether this is the right project include:
Does the potential project have recurring events?
Do measures exist? If “no”, can measures be established in an appropriate amount of time? At the gate review, the Project Sponsor can decide whether the project is appropriate. This involves a decision about whether or not the proposed project is meaningful (to the business strategy), measurable (measures can be developed for the process) and manageable (the proposed project scope is appropriate)
Do you have the ability to control, ie manipulate, the process?
Will the potential project improve customer satisfaction?
Is the potential project aligned to at least one of the business measures (indicators)
Will the potential project deliver savings?
Will the potential project have a high probability of being completed through the application of DMAIC within 6 months from its start?
Is it possible to set “success” criteria for the project?
For more information on the Assessment Criteria, please go to our Download Section.