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Criterion
Paper illustration for ABC Analysis
Operations
ABC Analysis
Paper illustration for Pareto Analysis
Decision Making
Pareto Analysis
Paper illustration for Eat the Frog
Operations
Eat the Frog
Paper illustration for Failure Mode and Effects Analysis
Operations
Failure Mode and Effects Analysis
Purposedifferent
With many similar objects of differing economic significance, the method prioritizes effort by effect. It separates what needs regular steering from what rarely needs attention.In many problem situations, effect is distributed unequally across many causes. A Pareto Analysis separates the few drivers with high leverage from the long remainder and focuses attention on what measurably moves the needle.The method protects energy and attention for the task that creates the largest progress and is often postponed.For a process, product, or service with noticeable failure risks, the method assesses possible failure modes in advance. It directs attention to combinations of occurrence, effect, and detectability.
Complexitydifferent
LowLowLowHigh
Timedifferent
30-60 min30-60 min15-90 min daily2-6 h
Participantsdifferent
1-51-613-10
Formatdifferent
AsyncWorkshop + asyncAsyncWorkshop
Outputdifferent
ABC Classification, Focus Rules, Control ListPareto Chart, Top Causes, Focus ListPriority Task, Completion Note, Daily FocusFMEA Table, Risk Priority, Mitigation Actions
Tagsno overlap
PrioritizationOperationsPortfolio
PrioritizationQualityFocusRoot cause
PrioritizationProductivityFocusExecution
RiskQualityOperationsRoot cause
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