Which methodology is recognized for its focus on minimizing waste and controlling process variation?

The methodology recognized for its focus on minimizing waste and controlling process variation is Six Sigma. This approach aims to improve the quality of process outputs by identifying and removing the causes of defects and minimizing variability in manufacturing and business processes. Six Sigma employs a data-driven statistical approach and tools to analyze and improve process performance, which directly contributes to reducing waste and enhancing efficiency.

While Lean Management is also focused on minimizing waste, it primarily concentrates on streamlining processes and optimizing workflow rather than controlling variation. Agile Methodology is more associated with iterative development and responsiveness to change rather than waste and process variation. Process Mapping is a tool used in various methodologies to visually represent processes but does not inherently control variation or minimize waste like Six Sigma does.