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Novel Six Sigma DMAIC Approaches to Project Risk Assessment and Management

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Product Code: 9798369350225
ISBN13: 9798369350225
Condition: New
$250.28

Novel Six Sigma DMAIC Approaches to Project Risk Assessment and Management

$250.28
 
In today's fast-paced business environment, project managers face the daunting challenge of managing risk effectively amid uncertainty. Traditional project management methodologies often lag, leading to missed deadlines, cost overruns, and subpar outcomes. A comprehensive risk management framework is necessary for organizations to be protected from fate's whims, hindering their ability to achieve strategic objectives. The DMAIC Stochastic Method is a groundbreaking approach that combines Six Sigma principles with stochastic modeling to revolutionize project risk management. Novel Six Sigma DMAIC Approaches to Project Risk Assessment and Management is a guidebook for implementing the DMAIC Stochastic Method in project management. This innovative methodology provides a systematic way of identifying, assessing, and mitigating risks, ensuring that projects stay on track and deliver the desired results. By integrating deterministic and stochastic models, the DMAIC Stochastic Method offers a more holistic view of risk, enabling managers to make informed decisions and proactively address potential issues.


Author: Vojo Bubevski
Publisher: IGI Global
Publication Date: May 01, 2024
Number of Pages: 292 pages
Binding: Paperback or Softback
ISBN-10: NA
ISBN-13: 9798369350225
 

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