Cost Analysis & Performance Measurement

Course Properties

Course date: 24-09-2017
Course End Date: 28-09-2017
Location Sharm El-Sheikh

Course Objective:
              Successful completion of this course will enable participants to:
                 • Explore and navigate data to understand project, process, and product behavior, 

                   relationships and trends
                 • Use analysis methods to remove special causes of variation and stabilize processes
                 • Apply course concepts to CMMI to drive business benefit
                 • Select appropriately from among the data analysis methods learned in class
                 • Apply effective measurement & analysis techniques within a CMMI implementation.


Who Should Attend:
     Financial analysts, controllers, and planners, accountants, staff involved in the decision-making process, staff involved in        the budgeting process.

Course Contents:
               • Methodology for defining problems and navigating data, including Six Sigma DMAIC

               • Statistical thinking paradigm
               • Understanding variation root cause analysis
               • Connections to CMMI process areas
               • Case studies based on customer satisfaction for a call center, software development

                   defect containment, and systems development cost & schedule variation reduction
               • Analytical methods

               • Basic tools: cause & effect diagram, histogram, scatter plot, run chart, flow chart,  

                 Pareto chart, Statistical Process Control (SPC) charts, descriptive statistics, box plots,

                 multi- very charts
               • Process mapping

               • Measurement system evaluation (determining error in measurements)
               • Comparisons via hypothesis testing and analysis of variance (ANOVA)
               • Box-Cox transformation of data to normality
               • Regression analysis to model and predict relationships
               • Probability distributions

               • Pugh solution selection matrix
               • Process Failure Modes & Effects Analysis (PFMEA)
               • Management by fact
               • Hands-on practice using the Minitab toolset
               • Practical tips for transferring classroom skills to the workplace