Deepak Naidu

• Sep 4th, 2007

 

Pareto Analysis is a "Problem Identification Tool"...

The Pareto concept is one of the most pwerful quality available to the quality practitioner and is extremely useful in identifying oppurtunities for process improvement.

4 steps to be followed in preparing a pareto analysis :
- Name the events that will be analyzed
- Count the 'named' incidents
- Rank the count by frequency, using a chart bar
- Validate reasonables of the analysis

Cheers !

srinivasulub1981

 Profile Answers by srinivasulub1981 Questions by srinivasulub1981

• May 7th, 2009

 

HI

Pareto analysis is a very simple technique that helps you to choose the most effective changes to make.

Key points:

Pareto Analysis is a simple technique that helps you to identify the most important problem to solve.

To use it:

• List the problems you face, or the options you have available
• Group options where they are facets of the same larger problem
• Apply an appropriate score to each group
• Work on the group with the highest score

Srinivas

mathan_vel

 Profile Answers by mathan_vel Questions by mathan_vel

• Aug 14th, 2009

 

Pareto analysis is a statistical technique in decision making that is used for selection of a limited number of tasks that produce significant overall effect. It uses the Pareto principle – the idea that by doing 20% of work you can generate 80% of the advantage of doing the entire job. Or in terms of quality improvement, a large majority of problems (80%) are produced by a few key causes (20%).

Pareto analysis is a formal technique useful where many possible courses of action are competing for your attention. In essence, the problem-solver estimates the benefit delivered by each action, then selects a number of the most effective actions that deliver a total benefit reasonably close to the maximal possible one.

Pareto analysis is a creative way of looking at causes of problems because it helps stimulate thinking and organize thoughts. However, it can be limited by its exclusion of possibly important problems which may be small initially, but which grow with time. It should be combined with other analytical tools such as failure mode and effects analysis and fault tree analysis