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Pareto Analysis Masterclass: A Complete Guide to the 80:20 Rule
Pareto Analysis Masterclass: A Complete Guide to the 80:20 Rule

Pareto Analysis Masterclass: A Complete Guide to the 80:20 Rule: Improve your decision-making skills using the power of Pareto analysis.

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Video Jun 2021 31mins 1st Edition
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Arrow left icon
Profile Icon Advanced Innovation Group Pro Excellence
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€18.99 per month
Full star icon Full star icon Empty star icon Empty star icon Empty star icon 2 (2 Ratings)
Video Jun 2021 31mins 1st Edition
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€29.99
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Free Trial
Renews at €18.99p/m
Video
€29.99
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Free Trial
Renews at €18.99p/m

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Key benefits

  • Become a problem solver for your business
  • Drive the use of Pareto analysis within your organization
  • Deliver cost savings using and executing Pareto analysis

Description

Pareto analysis has been in existence for over a century but still proves to be an extremely useful tool even today. Pareto analysis is also considered one of the most critical tools and is included in the seven basic tools of quality. Whether you are working in manufacturing or service, the Pareto analysis will help you identify the root causes for any business problem. Pareto analysis can be created in Excel or any spreadsheet that has the ability to produce bar and line charts. This tool, the Pareto analysis, can be used as a standalone tool or you can use it in projects as well. Having adequate knowledge of the Pareto analysis and understanding it step-by-step will help you recognize the root causes in your production or service processes. As you identify the problems using Pareto analysis, you will be fully equipped to solve them and understand the solutions before implementing them. This Pareto analysis masterclass is filled with practical knowledge and easy-to-follow steps to guide you in creating your first Pareto analysis. After completing this Pareto analysis masterclass, you will be able to master the ability to look at those vital few root causes that are impacting your business process. Thus, you will be able to build efficiency, improve productivity, reduce idle time, reduce cost, and systematically improve customer satisfaction. All resources and code files are placed here:https://github.com/PacktPublishing/Pareto-Analysis-Masterclass-Complete-Guide-to-80-20-Rule

Who is this book for?

This course needs no prior experience; it is for students who are curious to analyze data using Pareto analysis, for business analysts who want to gain mastery over Pareto analysis, for process improvement professionals, and for employees at all levels in any organization.

What you will learn

  • Understand and explore Pareto analysis
  • Understand when to use Pareto analysis
  • Learn how to create Pareto analysis using Excel
  • DIY practice examples with data provided
  • Understand what is the 80:20 rule and how to apply it
  • Learn to identify critical root causes in your business process

Product Details

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Publication date, Length, Edition, Language, ISBN-13
Publication date : Jun 24, 2021
Length: 31mins
Edition : 1st
Language : English
ISBN-13 : 9781803247311
Concepts :
Tools :

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Product Details

Publication date : Jun 24, 2021
Length: 31mins
Edition : 1st
Language : English
ISBN-13 : 9781803247311
Concepts :
Tools :

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Table of Contents

4 Chapters
What is Pareto Analysis? Chevron down icon Chevron up icon
When to use Pareto Analysis Chevron down icon Chevron up icon
How to Create Pareto Analysis Chevron down icon Chevron up icon
Course Conclusion Chevron down icon Chevron up icon

Customer reviews

Rating distribution
Full star icon Full star icon Empty star icon Empty star icon Empty star icon 2
(2 Ratings)
5 star 0%
4 star 0%
3 star 0%
2 star 100%
1 star 0%
Janko Sep 14, 2023
Full star icon Full star icon Empty star icon Empty star icon Empty star icon 2
Unnecessary lengthy course for what could have been a 5minute explanation. Also the course materials don't contain the exercise Excel files themselves, but two identical copies of the solution Excel files, instead.
Subscriber review Packt
Sebastian Sep 13, 2023
Full star icon Full star icon Empty star icon Empty star icon Empty star icon 2
Last 2 Chapters contain only broken links/media
Subscriber review Packt
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