PROBLEM SOLVING EXAM
QUESTIONS AND CORRECT
ANSWERS
Processesyvaimedyvatyvconstant,yvcontinuousyvimprovement.yv-yvANSWERS-
ProblemyvsolvingyvandyvDecisionyvmaking
Ayvnever-endingyvprocessyvaimedyvatyvconstant,yvcontinuousyvimprovement.yv-
yvANSWERS-Observe,yvOrient,yvDescribe,yvAct.
Tellyvusyvwhichyvprocessyvtrulyyvaddyvvalueyvandyvthoseyvthatyvareyvtimeyvwasters.yv-
yvANSWERS-VoiceyvofyvtheyvCustomer
Thisyvmeansyvtoyvobserveyvandyvseeyvwhatyvisyvgoingyvonyvinyvworkyvcenters.yv-
yvANSWERS-GoyvandyvSee
Usedyvtoyvensureyveveryoneyvinyvanyvorganizationyvisyvworkingyveffectivelyyvtowardyvtheyvs
ameyvgoalsyvidentifiedyvbyyvsenioryvleadership.yvItyvensuresyvresourcesyvandyvactivitiesyvar
eyvlinkedyvtoyvtheyvkeyyvstrategies,yvdirectives,yvandyvgoalsyvofyvtheyvorganization.yv-
yvANSWERS-StrategicyvAlignmentyvandyvDeploymentyv(SA&D)
Analyzesyvayvprojectyvoryvbusinessyvventureyvbyyvfocusingyvonyvinternalyvandyvexternalyvfac
torsyv-yvANSWERS-SWOTyvAnalysis
InyvayvSWOTyvAnalysisyvtheseyvpartsyvofyvyouryvbusinessyvthatyvareyvdoingyvwellyvandyvgivey
vyouyvayvcompetitiveyvadvantage.yv-yvANSWERS-Strengths
InyvSWOTyvAnalysisyvtheseyvareyvtheyvfactorsyvthatyvputyvyouyvatyvayvdisadvantageyvtoyvyou
ryvcompetitorsyv-yvANSWERS-Weaknesses
MSgtyvRyanyvsays,yvthisyvtoolyvcanyvhelpyvyouyvrecognizeyvwhichyvprocessesyvareyvusefulyv
andyvthoseyvthatyvareyvnot.yvItyvisyvusedyvtoyvfindyvoutyvtheyvneedsyvofyvayvstakeholder.yv-
yvANSWERS-VoiceyvofyvtheyvCustomer
MSgtyvGreenyvsays,yv"ThisyvtoolyvGuaranteesyvthatyveveryoneyvisyvworkingyvtogetheryvtoyv
meetyvtheyvgoalsyvofyvtheiryvleadership"yv-yvANSWERS-
StrategicyvAlignmentyvandyvDeploymentyv(SA&D)
Identifyingyvopeningsyvinyvtheyvmarketplace,yvandyvisolatingyvtendenciesyvthatyvwillyvimpro
veyvyouryvorganizationyvBESTyvdescribesyvwhichyvstageyvofyvSWOTyvanalysis?yv-
yvANSWERS-Opportunities
InyvayvSWOTyvAnalysisyvtheseyvcouldyvbeyvmarketyvfluctuations,yvregulationsyvand/
oryvpublicyvperceptionyv-yvANSWERS-Threats
, Ayvteam'syvfirstyvstepyvinyvassessingyvayvperformanceyvgapyvisyvtoyvidentifyyvandyvreview:yv-
yvANSWERS-KeyyvPerformanceyvIndicators
Anythingyvthatyvusesyvresourcesyvbutyvdoesyvnotyvaddyvrealyvvalueyvtoyvtheyvproductsyvoryvs
ervicesyvinyvyouryvorganization.yv-yvANSWERS-WasteyvAnalysis
Determinedyvbyyvyouryvcustomeryvforyvanyyvproduct,yvservice,yvoryvprocessyv-
yvANSWERS-Value
Workyvthatyvcontainsyverrors,yvrework,yvmistakes,yvoryvlacksyvsomethingyvnecessary.yv-
yvANSWERS-Defects
Gatheringyvoryvcreatingyvmoreyvofyvsomethingyvthanyvisyvneededyvatyvthatyvmoment.yv-
yvANSWERS-OveryvProduction
Idleyvtimeyvcreatedyvwhenyvmaterial,yvinformation,yvpeople,yvoryvequipmentyvisyvnotyvready.
yv-yvANSWERS-Waiting
Movementyvofyvpeopleyvthatyvdoesyvnotyvaddyvvalueyv-yvANSWERS-Motion
Anyyvfailureyvtoyvfullyyvutilizeyvtheyvtimeyvandyvtalentsyvofyvpeople.yv-yvANSWERS-Intellect
Ensureyvyouryvmetricsyvdon'tyvcreateyvworkyvforyvanotheryvunityvoryvorganizationyv-
yvANSWERS-Balanced
Haveyvdesirableyvoutputsyvbasedyvonyvsubjectyvmatteryvexpertyvknowledgeyvandyvexperien
ce,yvandyvapplicableyvtoyvtheyvprocess-improvementyvactivity.yv-yvANSWERS-Specific
IncludeyvtimeyvFramesyvandyvhaveyvdatayvobtainableyvfromyvspecificyvsources.yv-
yvANSWERS-Measurable
Resourcesyvareyvavailable.yvSomeyvriskyvmayyvbeyvpresent,yvbutyvsuccessyvisyvpossible.yv-
yvANSWERS-Attainable
Linkyvtoyvtheyvmission,yvvision,yvandyvgoals,yvandyvbeyvmeaningfulyvtoyvtheyvuser.yv-
yvANSWERS-resultsyvfocus
Moreyvdata,yvtools,yvoryvotheryvequipmentyvonyvhandyvisyvrequiredyvatyvtheyvtimeyvBestyvdes
cribesyvwhichyvtypeyvofyvwaste?yv-yvANSWERS-ExcessiveyvInventory
Thisyvshouldyvnotyvonlyyvhelpyvunitsyvevaluateyvtheiryvlevelyvofyvmissionyvreadiness,yvbutyvs
houldyvdoyvsoyvwithoutyvcausingyvadditionalyvburdenyvtoyvotheryvunityvprocesses.yv-
yvANSWERS-Keyyvperformanceyvindicatorsyv&yvMetrics.
Toyvincludeyvtimelinesyvandyvhaveyvinformationyvavailableyvfromyvparticularyvsourcesyvbest
yvdescribesyvwhichyv(B-SMART)yvmetrics?yv-yvANSWERS-Measurable
Provideyvstep-by-
stepyvviewsyvversusyvgiantyvleapsyvandyvbeyvmeasurableyvatyvinterimyvmilestones.yv-
yvANSWERS-Timely
QUESTIONS AND CORRECT
ANSWERS
Processesyvaimedyvatyvconstant,yvcontinuousyvimprovement.yv-yvANSWERS-
ProblemyvsolvingyvandyvDecisionyvmaking
Ayvnever-endingyvprocessyvaimedyvatyvconstant,yvcontinuousyvimprovement.yv-
yvANSWERS-Observe,yvOrient,yvDescribe,yvAct.
Tellyvusyvwhichyvprocessyvtrulyyvaddyvvalueyvandyvthoseyvthatyvareyvtimeyvwasters.yv-
yvANSWERS-VoiceyvofyvtheyvCustomer
Thisyvmeansyvtoyvobserveyvandyvseeyvwhatyvisyvgoingyvonyvinyvworkyvcenters.yv-
yvANSWERS-GoyvandyvSee
Usedyvtoyvensureyveveryoneyvinyvanyvorganizationyvisyvworkingyveffectivelyyvtowardyvtheyvs
ameyvgoalsyvidentifiedyvbyyvsenioryvleadership.yvItyvensuresyvresourcesyvandyvactivitiesyvar
eyvlinkedyvtoyvtheyvkeyyvstrategies,yvdirectives,yvandyvgoalsyvofyvtheyvorganization.yv-
yvANSWERS-StrategicyvAlignmentyvandyvDeploymentyv(SA&D)
Analyzesyvayvprojectyvoryvbusinessyvventureyvbyyvfocusingyvonyvinternalyvandyvexternalyvfac
torsyv-yvANSWERS-SWOTyvAnalysis
InyvayvSWOTyvAnalysisyvtheseyvpartsyvofyvyouryvbusinessyvthatyvareyvdoingyvwellyvandyvgivey
vyouyvayvcompetitiveyvadvantage.yv-yvANSWERS-Strengths
InyvSWOTyvAnalysisyvtheseyvareyvtheyvfactorsyvthatyvputyvyouyvatyvayvdisadvantageyvtoyvyou
ryvcompetitorsyv-yvANSWERS-Weaknesses
MSgtyvRyanyvsays,yvthisyvtoolyvcanyvhelpyvyouyvrecognizeyvwhichyvprocessesyvareyvusefulyv
andyvthoseyvthatyvareyvnot.yvItyvisyvusedyvtoyvfindyvoutyvtheyvneedsyvofyvayvstakeholder.yv-
yvANSWERS-VoiceyvofyvtheyvCustomer
MSgtyvGreenyvsays,yv"ThisyvtoolyvGuaranteesyvthatyveveryoneyvisyvworkingyvtogetheryvtoyv
meetyvtheyvgoalsyvofyvtheiryvleadership"yv-yvANSWERS-
StrategicyvAlignmentyvandyvDeploymentyv(SA&D)
Identifyingyvopeningsyvinyvtheyvmarketplace,yvandyvisolatingyvtendenciesyvthatyvwillyvimpro
veyvyouryvorganizationyvBESTyvdescribesyvwhichyvstageyvofyvSWOTyvanalysis?yv-
yvANSWERS-Opportunities
InyvayvSWOTyvAnalysisyvtheseyvcouldyvbeyvmarketyvfluctuations,yvregulationsyvand/
oryvpublicyvperceptionyv-yvANSWERS-Threats
, Ayvteam'syvfirstyvstepyvinyvassessingyvayvperformanceyvgapyvisyvtoyvidentifyyvandyvreview:yv-
yvANSWERS-KeyyvPerformanceyvIndicators
Anythingyvthatyvusesyvresourcesyvbutyvdoesyvnotyvaddyvrealyvvalueyvtoyvtheyvproductsyvoryvs
ervicesyvinyvyouryvorganization.yv-yvANSWERS-WasteyvAnalysis
Determinedyvbyyvyouryvcustomeryvforyvanyyvproduct,yvservice,yvoryvprocessyv-
yvANSWERS-Value
Workyvthatyvcontainsyverrors,yvrework,yvmistakes,yvoryvlacksyvsomethingyvnecessary.yv-
yvANSWERS-Defects
Gatheringyvoryvcreatingyvmoreyvofyvsomethingyvthanyvisyvneededyvatyvthatyvmoment.yv-
yvANSWERS-OveryvProduction
Idleyvtimeyvcreatedyvwhenyvmaterial,yvinformation,yvpeople,yvoryvequipmentyvisyvnotyvready.
yv-yvANSWERS-Waiting
Movementyvofyvpeopleyvthatyvdoesyvnotyvaddyvvalueyv-yvANSWERS-Motion
Anyyvfailureyvtoyvfullyyvutilizeyvtheyvtimeyvandyvtalentsyvofyvpeople.yv-yvANSWERS-Intellect
Ensureyvyouryvmetricsyvdon'tyvcreateyvworkyvforyvanotheryvunityvoryvorganizationyv-
yvANSWERS-Balanced
Haveyvdesirableyvoutputsyvbasedyvonyvsubjectyvmatteryvexpertyvknowledgeyvandyvexperien
ce,yvandyvapplicableyvtoyvtheyvprocess-improvementyvactivity.yv-yvANSWERS-Specific
IncludeyvtimeyvFramesyvandyvhaveyvdatayvobtainableyvfromyvspecificyvsources.yv-
yvANSWERS-Measurable
Resourcesyvareyvavailable.yvSomeyvriskyvmayyvbeyvpresent,yvbutyvsuccessyvisyvpossible.yv-
yvANSWERS-Attainable
Linkyvtoyvtheyvmission,yvvision,yvandyvgoals,yvandyvbeyvmeaningfulyvtoyvtheyvuser.yv-
yvANSWERS-resultsyvfocus
Moreyvdata,yvtools,yvoryvotheryvequipmentyvonyvhandyvisyvrequiredyvatyvtheyvtimeyvBestyvdes
cribesyvwhichyvtypeyvofyvwaste?yv-yvANSWERS-ExcessiveyvInventory
Thisyvshouldyvnotyvonlyyvhelpyvunitsyvevaluateyvtheiryvlevelyvofyvmissionyvreadiness,yvbutyvs
houldyvdoyvsoyvwithoutyvcausingyvadditionalyvburdenyvtoyvotheryvunityvprocesses.yv-
yvANSWERS-Keyyvperformanceyvindicatorsyv&yvMetrics.
Toyvincludeyvtimelinesyvandyvhaveyvinformationyvavailableyvfromyvparticularyvsourcesyvbest
yvdescribesyvwhichyv(B-SMART)yvmetrics?yv-yvANSWERS-Measurable
Provideyvstep-by-
stepyvviewsyvversusyvgiantyvleapsyvandyvbeyvmeasurableyvatyvinterimyvmilestones.yv-
yvANSWERS-Timely