JWI 550: Operations Management

Course Project Part C

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subject to change based on the needs of the class.

1

Six Sigma Project Charter(s)

Due: Sunday, Midnight of Week 7 (10% of course grade)

Overview

Six Sigma projects are powerful tools for achieving breakthrough improvements. Improvement projects utilize

the DMAIC methodology, while design or re-design projects use the DMADV methodology. Such projects

can be undertaken for large or small initiatives, but because they require a fair bit of work in planning and

engaging the team, are usually applied in situations where a significant change effort is likely to lead to an

outcome well in excess of the work put into the project.

In the first two parts of your Operations Management Course Project, you have: (A) mapped and analyzed the

value stream, and (B) organized Kaizen or Work-Out sessions to address improvement opportunities which

do not require rigorous data analysis. Now you are ready to move forward with one or more projects that

leverage the power of Six Sigma’s tools and rigorous data-driven analysis. A project charter is needed for

each proposed Six Sigma project. Project charters enable management to understand, evaluate and approve

projects for launch.

Instructions

Use your work in Part A and Part B of your Course Project, and what you have learned so far in this course to

identify a potential Six Sigma project that can benefit the value stream and your organization.

1) Explain the Six Sigma project(s) that you would recommend to senior management, and justify your

selection.

2) Develop a detailed Project Charter for your recommended project. The project charter must include the

following:

a. Problem statement

b. Goal statement or Objectives

c. Project Scope.

d. Critical-to-quality requirements or CTQs of the processes within the scope of this project

e. Key metric Y (or key metrics Ys)

f. Expected operational and financial benefits of the project

g. Milestone dates for each phase of DMAIC (or DMADV)

h. Project team (titles of project team leader and members)

i. Champion (title of executive or senior manager)

Submission Requirements

Your work is to be submitted in Word. Total length should be 3 – 4 pages. Since this is a charter, put some

thought into how best to present the material visually. At an absolute minimum, you should include clear

headers and sub-headers, but you may also want to call out certain elements, like timelines or key

milestones, etc. using graphics, tables or colors to make the charter visually appealing and easy to read

Chapter 15 – According to Crocker and Smallwood, cloud computing represents one of the most significant paradigms shifts in information technology (IT) history, due to an extension of sharing an application-hosting provider that has been around for many years, and was common in highly regulated vertical industries like banks and health care institutions.  The author’s knowledge from their research continue to assert that, the impetus behind cloud computing lies on the idea that it provides economies of scale by spreading costs across many client organizations and pooling computing resources while matching client computing needs to consumption in a flexible, real-time version. 

Q1: Even with this great news about the benefits of the cloud computing applications, the authors have warned the business user community regarding the dangers associated with cloud computing applications.  Please identify and name these grave dangers/risks that pose as concerns, and briefly support your discussion.

Native Remains Essay:

While numerous remains and artifacts are housed in museums, universities, historical societies and private collections, who should these remains and artifacts, actually belong to?

Based on the readings in your text and the article “Who owns the past?” https://www.scientificamerican.com/article/who-owns-the-past/, write an essay describing the issues and who you believe should own these remains and why.

This essay should be:

• Between 4 – 5 pages in length
• Double spaced and 12-point font
• Turnitin.com will be used and the percent of the match should be below 20%.
• References (on a separate page) and in-text citations

Business and Faith Integration Paper Assignment Instructions

Overview

-This assignment seeks to integrate the course concepts and integrate them with Biblical concepts. More specifically, you will write an essay describing how the Bible is related to Managerial Finance.

-One of the primary objectives of this paper is to provide managers, or those aspiring to that level, with the understanding required to manage the financial decision-making process effectively integrated in a biblical view. Understanding the operations of a firm or a specific capital project from a financial perspective is critical to being a well-rounded manager.

Instructions

Below are the specifics requirements for this assignment:

· The essay must be at least 1,200 words and include a clear integration of the Bible in relation to:

Goals and Governance, Financial Markets and Analysis, Accounting and Finance, Measuring Corporate Performance, Time Value of Money, Valuation Factors such as bonds and stocks, Discount Cash-Flow Analysis, Project Analysis, Weighted-Average Cost of Capital, (Company Valuation, Risk, Return), Opportunity Cost of Capital,  Capital Budgeting, Company Cash Flow, Corporate Financing, Venture Capital, Debt Policy, Risk and Financing, Payout Policy, Working Capital Management, and Short-term & Long Term Financial Planning

· You must use at least 5 scholarly sources to substantiate your position (you may use the textbook as 1 source). 

· Sources must be cited in current APA format. (7th edition).

· Provide abstract, introduction, and conclusion

Note: Your assignment will be checked for originality via the Turnitin plagiarism tool.

Course Textbook: Brealey, R. A., Myers, S. C., & Marcus, A. J. (2020). Fundamentals of corporate finance(10th ed.). Boston, MA: McGraw-Hill.