Week 5 Individual Assignment Tips:
Part 1:
• Determine which project might be implemented and why (e.g. feasibility study, breakeven analysis, etc.).
Project Selection Criteria:
 Build a table with each project as a column heading
• Completion Time
• Cost
ROI Approach:
ROI (%) = Net Benefit / Project Cost
1- Approach Elements:
Project Cost
ROI in $ (Project Total in $)
ROI in % on Specified Period= ROI in $ / Project Cost
Net Benefit = ROI (%) – Project Cost
Project Earnings on Specified Period = ROI (%) * Project Cost (Net Benefit) + Project Cost

• Determine the Break-even point for each
• List project life
• Analyze each project elements and decide which will be best
Part 2:
• Describe the five phases of a project (for the project you select)
Part 3:
• Describe the key deliverables associated with the selected project(s).
• The key deliverables (project completion date and cost) for each project (see Cost and Completion time above).

See the article below – It is very instructive:
Ask the Expert: The Topic – Six Sigma and Return on Investment John Lopez-Ona February 26, 2010 1
John Lopez-Ona
President
Six Sigma Qualtec
Princeton, New Jersey, USA
Q: Why do you think people hear stories about companies failing to achieve adequate return on their Six Sigma investment?
A: We hear stories about these failures because they occur. The question is why do they occur? One significant reason a program doesn’t achieve targeted returns is a lack of senior management commitment. Invariably when this is lacking, the initiative becomes a training exercise characterized by poorly conceived or poorly supported projects rather than a plan to drive business results with projects based on relevant business cases. Training is expensive. A big expense with no focus on results yields little or no returns.
If I were tasked with a Six Sigma project