Reference no: EM133078287
Before measuring process data, it is important to first create a data collection plan. This is a detailed document describing the exact steps needed to gather the right quantity of targeted data items in a cost-effective manner. This data plan should facilitate collecting and measuring relevant data needed to evaluate the process problem.
For this assignment, you will refer back to the Case Study: Applying Lean Six Sigma in a Financial Services Firm (pp. 56-59) in An Introduction to Six Sigma & Process Improvement and create a brief data collection plan based on the case study.
Specifically, be sure to address the following to complete this assignment:
- Identify the questions or problem to address.
- Describe the type of data needed and available.
- Identify the form in which the data is needed.
- Explain how the data will be measured.
- Determine whether data samples suffice, and if so, how much will be needed.
- Explain how the data will be displayed.