Prabhakar Acharya

The factors are The occurrence of the outliers in the data The level of impact on the output - higher the occurrence and higher impact needs to be considered to investigate. Low occurrence and low impact needs the outliers to be ignored

Priority should be changed basis the process capability. Basis the business sustainably, aggressiveness, preparedness of the leadership team. For a more aggressive team the priority should be Better-faster-cheaper-Easier. For a safer decision basis the risk factors it should be Cheaper-easier-better-faster