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Mr. O. Arivazhagan, B.E (Honors),
PMP, PMI-SP, PMI-RMP, MBB, CFM (HFI, USA) CEO, IIPM,
was invited as a Chief Guest to
deliver a lecture on “How to increase profit without increasing
sales using Lean Six Sigma & Value Engineering” by PMI® -
Chennai Chapter, on 7th May, 2011.
The lecture commenced with the welcome address given by
Mr. P. Ramasubramaniam PMP, President of PMI, Chennai Chapter. Nearly
100 chapter members attended the lecture along with Project
Management professionals from various industries.
In his lecture, Mr. Ari addressed about the concepts of Lean, Six
Sigma, & Value Engineering to the participants. He clearly explained how
these concepts could be helpful to a Project Manager, 5 – 10 years down
the line. He also explained how the traditional definition of quality
differs from the six sigma definition & how lean differs from six sigma.
He also explained the concepts of Throughput yield, JIT, Function Cost
Analysis, using simple examples like laser pointer, mobile phones, etc. He
also brought to light the fact that Value Engineering (VE) can leverage,
accelerate, and amplify efforts to implement Lean principles and practices
in an organization. In turn, Lean can enhance the effectiveness of VE
efforts.
The lecture provided an overview of Lean, Six Sigma and Value Engineering
to increase customer value by optimizing costs, quality and delivery. The
lecture was well received by the all and was followed by an enthusiastic
Q&A session. Participants interacted actively with Mr. Ari and got their
doubts clarified. Finally he suggested the participants to involve
actively in implementing the concepts of Lean Six Sigma & Value
Engineering which is going to drive the future world. The session received
raving reviews and feedbacks from all the participants. At the end of the
lecture Mr. Karthik Ramamurthy thanked Mr. Ari and felicitated him with a
memento.
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