Pareto Analysis
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