Cost/Benefit Analysis of One Wave of Lean/Six Sigma
Cost
| Training and Consulting | Number of Days | Total Cost |
|---|---|---|
| Executive Overview | 0.5 | $ 3,000 |
| Champion Training | 2 | $ 12,000 |
| Black Belt Training | 20 | $ 120,000 |
| Green Belt Training | 10 | $ 60,000 |
| Master Black Belt Consulting | 50 | $ 160,000 |
| Total Training and Consulting Cost | $ 355,000 |
| Employee Designation | Number Required | Days Required | Labor Cost |
|---|---|---|---|
| Champions | 5 | 60 | $ 60,000 |
| Black Belts | 8 | 1056 | $ 844,000 |
| Green Belts | 12 | 312 | $ 249,000 |
| Total Employee Cost | $ 1,154,400 |
| Total Training, Consulting and Employee Cost for One Wave of Lean/Six Sigma | $ 1,509,400 |
|---|
Benefit
| Activity | Number | Savings Each | Total Benefits |
|---|---|---|---|
| Completed Projects | 15 | $ 350,000 | $ 5,250,000 |
