StatStuff is the only FREE source for complete Lean Six Sigma Training

  • Register
  • Login


The only FREE source for complete Lean Six Sigma training!

 

Financial Benefits Categories

Search for dictionary terms (regular expression allowed)
Begin with Contains Exact termSounds like
All A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Term Definition
Financial Benefits Categories

A matrix of four quadrants that categorize the types of benefits typically yielded from projects. The categories are determined by two factors: 1) Impact to Cash (direct or indirect), and 2) Impact to the Business (tangible or intangible). The four categories are 1) Direct/Tangible Impact (e.g., increasing revenue, decreasing costs, etc.); 2) Indirect/Tangible Impact (e.g., shift headcount, accelerate cash flow, etc.); 3) Direct/Intangible Impact (e.g., avoid lost revenue, avoid additional costs, etc.); and 4) Indirect/Intangible Impact (e.g., improve customer satisfaction, compliance issues, etc.). 
Related StatStuff Video: 
   -Section 1-Introduction, Lesson #5 - Project Financial Savings

All A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Search the Dictionary of Lean Six Sigma Tools/Concepts

Search for dictionary terms (regular expression allowed)
Begin with Contains Exact termSounds like

Stop taking notes! Instead of wasting time taking notes, get the book with the complete LSS training content.

Learn how StatStuff can lean your LSS training program