74 + If Amol, a Green Belt of a Six Sigma project, misses to re-validate the Cost Benefit Analysis in the Improve phase and the cost benefit equation changes, which of the following challenges can he face? Amol may miss to document any potential change in the cost assumptions that were taken at the beginning of the project Amol may announce that his project has saved USD 90,000, but later finds out that his project has only saved $36,000 as the earlier cost assumptions became obsolete by the end of the project a Amol may have to make last minute adjustments in Cost-Benefit calculations when he is about to present his project to the Champion D Amol may get reprimanded by the Project Champion as the Cost Benefit Analysis (which is considered to be a vital component of any Six Sigma project) had incorrect assumptions E All of the above

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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74 + If Amol, a Green Belt of a Six Sigma project, misses to re-validate
the Cost Benefit Analysis in the Improve phase and the cost benefit
equation changes, which of the following challenges can he face?
Amol may miss to document any potential change in the cost
assumptions that were taken at the beginning of the project
Amol may announce that his project has saved USD 90,000, but later
finds out that his project has only saved $36,000 as the earlier cost
assumptions became obsolete by the end of the project
a Amol may have to make last minute adjustments in Cost-Benefit
calculations when he is about to present his project to the Champion
D Amol may get reprimanded by the Project Champion as the Cost
Benefit Analysis (which is considered to be a vital component of any Six
Sigma project) had incorrect assumptions
E All of the above
Transcribed Image Text:74 + If Amol, a Green Belt of a Six Sigma project, misses to re-validate the Cost Benefit Analysis in the Improve phase and the cost benefit equation changes, which of the following challenges can he face? Amol may miss to document any potential change in the cost assumptions that were taken at the beginning of the project Amol may announce that his project has saved USD 90,000, but later finds out that his project has only saved $36,000 as the earlier cost assumptions became obsolete by the end of the project a Amol may have to make last minute adjustments in Cost-Benefit calculations when he is about to present his project to the Champion D Amol may get reprimanded by the Project Champion as the Cost Benefit Analysis (which is considered to be a vital component of any Six Sigma project) had incorrect assumptions E All of the above
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