How Do I Determine Project Savings?

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Posted by: Six Sigma Silly
Posted on: Wednesday, 14th January 2004, 9:30 PM.

I was wondered is there a set of rules to follow when doing either a transactional or manufacturing Six Sigma Project and you want to determine what the cost savings will be for that project?  I have been away from working in Six Sigma for a few of years, but at that time Project Savings Goals were based on looking at the data to determine the issues and that were attributed to the problem and savings was based upon the elimination or the reduction of those defects associated with those issues.  Is this still the way that it is being done?  Or is there an easier method of making that determiniation?  Thanks in advance for all of the assistance with this.

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 Message Thread:

How Do I Determine Project Savings? by Six Sigma Silly on Wednesday, 14th January 2004

Re: How Do I Determine Project Savings? by indresh on Thursday, 15th January 2004

Re: How Do I Determine Project Savings? by soppa.Nagendra Naidu on Thursday, 15th January 2004

Re: How Do I Determine Project Savings? by LarryS on Monday, 19th January 2004

Re: How Do I Determine Project Savings? by Mu Joe on Thursday, 15th January 2004

Re: How Do I Determine Project Savings? by soppa on Friday, 16th January 2004

Re: How Do I Determine Project Savings? by Monkey Wrench on Monday, 19th January 2004

Re: How Do I Determine Project Savings? by missing in action on Monday, 19th January 2004

Re: How Do I Determine Project Savings? by soppa on Monday, 19th January 2004

Re: How Do I Determine Project Savings? by Rog on Monday, 19th January 2004

Re: How Do I Determine Project Savings? by Dunnart on Monday, 19th January 2004

Re: How Do I Determine Project Savings? by Jakester on Monday, 19th January 2004

Re: How Do I Determine Project Savings? by Six Sigma Silly on Wednesday, 21st January 2004

Re: How Do I Determine Project Savings? by soppa on Wednesday, 21st January 2004

Re: How Do I Determine Project Savings? by Sam Kasmanoff on Thursday, 22nd January 2004

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