What is the cost to implement a Six Sigma project?
The range of costs is so great that any definitive answer to this question is meaningless. Sometimes the cost approaches zero, as when one stops doing something dumb. (This is more common than you might think!) In other cases the Six Sigma project may require an investment of millions of dollars in order to reap the benefits. Six Sigma project costs are subjected to rigorous scrutiny by the organization’s finance experts during project approval. The costs must be justified by greater benefits, either in the form of a high return on investment for the project, increased customer loyalty, safety benefits, etc.
