| Definition |
Lean Six Sigma is a project cost or earned-value concept used to estimate, budget, measure, or forecast project performance. It supports financial control by connecting planned work, completed work, actual spending, and expected completion outcomes.
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| Context & Usage |
Project managers, sponsors, and project-controls staff use this concept in budget reviews, performance reporting, forecasting, and variance conversations.
Related concepts include Budget, Cost Baseline, Planned Value, Earned Value, Actual Cost and Cost Variance.
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