Applied Methods and Techniques Flashcards
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Read the first 7 Applied Methods and Techniques flashcards as text
PESTLE analysis examines which type of factors?
Answer: External macro-environmental factors
PESTLE covers political, economic, social, technological, legal, and environmental external factors.
In Porter's value chain, which of the following is a primary activity?
Answer: Outbound logistics
Outbound logistics is primary; the others are support activities.
Which tool plots two variables to visually assess whether a relationship exists between them?
Answer: Scatter diagram
A scatter diagram shows correlation patterns between paired data points.
Stakeholder analysis commonly classifies stakeholders on which two dimensions?
Answer: Power and interest
The power/interest grid guides how closely to manage each stakeholder group.
The critical path in a project network is the:
Answer: Longest sequence of dependent activities determining the minimum project duration
Any delay on the critical path delays the whole project because it has zero float.
Which Lean technique visualizes the full flow of materials and information to identify waste?
Answer: Value stream mapping
Value stream mapping depicts end-to-end flow to reveal non-value-adding steps.
In the DMAIC methodology, which phase establishes baseline performance through data collection?
Answer: Measure
The Measure phase quantifies current process performance to set a baseline.
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