Evaluating Performance of Projects Using Six Sigma Approach

Researchers have attempted to improve the project performance using principles like lean, just-in-time, total quality management, etc. However, little research is done quantitatively assess by six sigma metrics. In this article, we present weighted rolled throughput yield (RTY), and hence sigma, based methodology evaluate of projects, considering multiple criteria. Here, consider a decomposed into work breakdown structure levels. This approach considers seven criteria, classified under five groups namely, quality, cost, time, safety, environmental sustainability for evaluating performance. Analytical hierarchy process used assign weights RTY obtained converted value. The results are relevant from practical point view since various elements evaluation, 1) complex series–parallel processes in project; 2) hierarchical 3) criteria level computation; 4) on “correct first time” concept; 5) flexible enabling manager add/delete depending need. We explain developed two case studies. time that particular metric applied construction innovation projects. simple, lucid, yet effective, hope it will be useful researchers practicing managers alike.