CDO InsightsQuiz Yourself Quiz: Do you have the skills to drive better data-driven insights by leveraging Lean Six Sigma? By Peter Nichol - January 8, 2024 TwitterLinkedinFacebookWhatsApp Quiz: Lean Six Sigma and BRM Insight 1) What is the best way BRMs can use Lean Six Sigma to drive better decisions? A1 Root cause analysis A2 Process mapping and analysis A3 Predictive modeling A4 Standardization of processes 2) What is a great application of a paired T-Test for a BRM? A1 Compare process variability between PO fulfillment versus PO returns A2 Identifying data outliers in project A versus project B A3 Compare the performance of agile squad A to squad B to squad C A4 Compare the effectiveness of training pre and post-product launch 3) You need to quantify the impact of a process you’re implementing. Where do you look first? A1 Value stream map comparison A2 Lean and process map comparison A3 Business process map comparison A4 Lean metrics map comparison 4) Projects are running behind schedule. You decide to proactively analyze projects that will start this week and likely be delivered late. What do you use for that analysis? A1 Z-MR chart A2 Monte Carlo Method A3 U-chart A4 Binomial probability 5) You were asked to review a 2 to the 3rd factorial design to analyze the impact of 3 variables. What were those variables most likely? A1 Temperature, pressure, and raw material quality A2 Machine settings, operator skills, and production speed A3 Response time, staff training, and communication methods A4 Resource allocation, task dependencies, and completion time 6) You were called into a strategy session. Leadership has four potential initiatives to maximize business value. They ask for your opinion. Which initiative will be the easiest to quantify business value? A1 Moving from NetSuite ERP to Oracle Cloud ERP A2 Migrating from SAP BusinessObjects to Microsoft Power BI A3 Transitioning from Coupa to Icertis A4 Shifting from Clarity PPM to Planview PPM Pro Submit Answers