Six Sigma is a project management methodology. It is used in the industries and corporate sectors to substantiate goal of near perfection in process performance. It has myriads of its application in a numerous organizational and business processes. It is based on Plan-Do-Check-Act cycle to achieve performance improvement in different industries including IT sector. Six Sigma is plentiful mature but still lacks a comprehensive risk management framework. It is because of its primarily used technique Root cause analysis. The need of proper risk management has been increased due to large scale...