Practical, Feasible, and Cost-Effective Mistake-Proofing Solutions
Practical, Feasible, and Cost-Effective Mistake-Proofing
Before implementing a solution, it is always a
good idea to conduct a reality check. With a reality check, you
assess whether the solution is practical, feasible, and cost
Practicality and feasibility can be judged together.
This two-dimensional chart looks at the power of the
mistake-proofing solution relative to the effort required to
implement it. Use it as a reality check.
Check the Cost-Effectiveness
A cost-benefit analysis is one
way of checking the cost-effectiveness.
A benefit of
mistaking-proofing is the elimination of risk. Therefore, compare
the risk of NOT implementing the solution against the cost of
implementing it. This will help you evaluate the cost-effectiveness
from one perspective.
The chart below compares the cost of
implementation against the risk of NOT implementing a solution.
Sometimes there may be other, intangible issues that require
implementation of a practical and feasible mistake-proofing
solution, even if the cost looks unreasonable.