Tag Archives: control

Project Closure

Project Closure

Projects are time bound by nature. They have to be implemented within a specific period of time. Project Closing is the final phase and an important aspect of the project life cycle. It is, however, one of the most neglected project management activities. A Project Closure is often used in this phase to formally close projects. It used to summarize project results and validates the accomplishment of project goals.

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Risk Analysis

Risk Analysis

Risk Analysis is a process that helps identify and assess potential threats that could affect the success of a business or project. It allows to examine the risks and includes means to measure, mitigate and control them effectively. It is part of the larger process of risk management although risk management can also refer to the process of controlling and monitoring risks. Read more »»

Visual Management

Visual Management

Visual Management is a business management technique that communicates important information in the physical workplace. It is a system of information displays, visual controls, labels and signs, color coding and other markings instead of written instructions. Lean organizations rely heavily on visual management to detect abnormalities and reinforce standards while ensuring stability and safety in the workplace. Ideally, everyone should be able to assess the status of a situation at a glance, even the casual observer. Employees also need visual displays that show what is expected from them and to keep them informed about production status and customer needs. Read more »»

Failure Mode and Effect Analysis Template

Failure Mode and Effect Analysis (FMEA) is a risk analysis tool that can be used to identify the points at which the process may fail. It is a systematic approach that identifies potential failure modes, their causes and effects, and identify actions to reduce or correct the failures. After identifying a high risk, it is necessary to do something about it. FMEA could be applied to manufacturing and non-manufacturing processes, and can be performed at the system, assembly or part level.

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Control Plan Template

A Control Plan is a document that describes what is required to keep a process at its optimum level after an improvement initiative. It helps ensure that the improvement that has been achieved will not deteriorate once the improved process is returned back to its owners. It often includes information such as the controls in place and performance indicators. It can also include a reaction plan that will help the team to know what to do in case of deviation.

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Project Closure Template

As part of the process of ending a project, Project Closure is a stage that often attracts less attention. It is a formal documentation that enables to assess the project outcome against its initial objectives. It is an important part of the overall project life-cycle and the bookend to the Project Charter. At this stage, a formal acceptance from the main stakeholders is gained to indicate their sign-off on the project.

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