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About Pareto Analysis
Pareto Analysis is a technique used for business decision making based on the 80/20 rule. It is a decision-making technique that statistically separates a limited number of input factors as having the greatest impact on an outcome, either desirable or undesirable.
Why is Pareto Analysis important?
Pareto Analysis is a statistical technique in decision-making used for the selection of a limited number of tasks that produce significant overall effect. It uses the Pareto Principle (also known as the 80/20 rule) the idea that by doing 20% of the work you can generate 80% of the benefit of doing the entire job.
Who should take the Pareto Analysis Exam?
• Senior professionals
• Business owners and Entrepreneurs
• Industrial Engineers
• Engineers
• Maintenance managers and planning managers
• maintenance engineers
• maintenance planners
• project managers and warehouse managers
• Anyone who wants to assess their Pareto Analysis skills
• Managers and senior executives
• Any professional with skills and knowledge on Pareto Analysis
• Anyone interested in Pareto Analysis
Pareto Analysis Certification Course Outline
1. Strategic Management
2. Change Management
3. Pareto Analysis Basics
4. Developing Pareto Analysis
5. Pareto Analysis in Industrial Applications
6. Pareto Analysis in Plant Failure Analysis
7. Pareto Analysis in Spare Parts Management
8. Pareto Analysis in Budgeting Control and Maintenance Expenses
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Yes. It includes multi-level Pareto techniques, common pitfalls, and best-practice examples.
It covers the Pareto principle, data gathering, frequency and cumulative calculations, chart creation, interpretation, software tools, and integration with process improvement.
Quality engineers, business analysts, operations managers, Six Sigma and Lean practitioners, and anyone who needs to prioritise causes in projects.
No. Basic understanding of quality concepts and percent calculations is sufficient.
The exam tests your ability to use Excel, Minitab, Python, or R for Pareto chart creation and analysis.
Once you pass, your certification remains valid indefinitely.
It is an online assessment with multiple-choice questions and scenario-based problems under timed conditions.
You will work with categorical and numerical data sets typical of quality and business processes.
Review Pareto Analysis theory, practice chart creation in Excel or statistical software, and study real-world case studies.
Yes. You will interpret and draw conclusions from sample case scenarios.