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PO Box 10237 Bakersfield, CA 93389 Ph. 909.702.8546 www.VarianceReduction.com. Making your Process Safer, Better, Faster & Lower Cost. Guide to Project Mentoring. Advantages of Mentoring Sessions
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PO Box 10237 Bakersfield, CA 93389 Ph. 909.702.8546 www.VarianceReduction.com Making yourProcess Safer, Better, Faster & Lower Cost. Guide to Project Mentoring
Advantages of Mentoring Sessions At Variance Reduction International, Inc. (VRI), we are passionate in our teachings and revel in our clients’ Lean Six Sigma (LSS) success. For an organization to realize the full potential of Lean and Six Sigma training benefits, completed projects by Black Belts and Green Belts are required. To complete projects successfully, professional mentoring is a must. LSS projects typically demonstrate cost savings anywhere from $100,000 - $500,000, depending upon an organization’s requirement. The payout for mentoring sessions is quickly seen. Without mentoring, project completion rates might not reach 30%. However, with mentoring, more than 80% of projects are typically completed. We will provide this crucial guidance through all steps of a project process including: • Project Selection • Sponsor / Champion / Facilitator / Team Members • Project Charter • DMAIC Roadmap • Monthly Updates / Project Tracking • Completion in less than 6 months • Financial Verification • Company-wide Recognition
The following tables are breakdowns of typical sessions*: Session 1 * All projects are different and do not always need this course of action.
Concerns about Project Close-outs A Project is closed when the new Standard Operating Procedures (SOPs) are in place and the process has significantly shifted. Several LSS tools are used throughout the Project. Not all tools are needed with each Project. At a minimum, we look for tools illustrating scoping, baselining, variance or root cause analysis, improvements implemented, tests to prove significant process shifts, control plans and cost benefit analysis. Below is a check list commonly used to show tools used in each Project – again, not all tools are needed: Cost benefit analysis is done on accrued savings captured for 12 months from the time of the process change. Once Project is completed and cost benefits have been calculated and signed off by a Financial Office, the final presentation can be submitted for approval.