Length: 2 Days
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Pareto Analysis Training by Tonex

AI-Driven Cost and Price Analysis Training

The Pareto Analysis course offers comprehensive training on applying the Pareto Principle (80/20 rule) to identify key factors causing problems. Participants will learn to prioritize issues to maximize impact and drive effective solutions.

Learning Objectives:

  • Understand the Pareto Principle and its applications.
  • Learn to construct and interpret Pareto Charts.
  • Identify and prioritize critical issues.
  • Apply Pareto Analysis to improve processes.
  • Integrate Pareto Analysis with other RCA tools.
  • Measure the effectiveness of solutions derived from Pareto Analysis.

Audience:

  • Quality Improvement Specialists
  • Operations Managers
  • Business Analysts
  • Project Managers
  • Engineers
  • Professionals involved in process optimization and problem-solving

Program Modules:

  1. Introduction to Pareto Analysis
    • History and Origin
    • Core Concepts and Principles
    • Benefits and Limitations
    • Key Applications
  2. Constructing Pareto Charts
    • Data Collection and Preparation
    • Creating the Chart
    • Analyzing Chart Data
    • Identifying Vital Few Causes
  3. Prioritizing Issues
    • Critical Issue Identification
    • Resource Allocation
    • Decision Making Strategies
    • Case Study Examples
  4. Integrating with RCA Tools
    • Combining with 5 Whys and Fishbone Diagrams
    • Using in FMEA Processes
    • Linking to Continuous Improvement Frameworks
    • Practical Integration Scenarios
  5. Practical Applications
    • Hands-on Exercises
    • Real-world Case Studies
    • Group Activities
    • Simulation Exercises
  6. Measuring Effectiveness
    • Evaluating Solutions
    • Monitoring and Review Processes
    • Continuous Improvement Techniques
    • Feedback Mechanisms

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