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Criterion
Paper illustration for Failure Mode and Effects Analysis
Operations
Failure Mode and Effects Analysis
Paper illustration for PERT Estimation.
Decision Making
PERT Estimation
Paper illustration for Pareto Analysis
Decision Making
Pareto Analysis
Paper illustration for ABC Analysis
Operations
ABC Analysis
Purposedifferent
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.On complex initiatives, a plain average tends to understate just how uncertain the outcome really is. It separates options, evaluation criteria, and open risks. The result is captured as a PERT Estimate, Expected Value, and Risk Notes.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.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.
Complexitydifferent
HighMediumLowLow
Timedifferent
2-6 h15-45 min30-60 min30-60 min
Participantsdifferent
3-101-81-61-5
Formatdifferent
WorkshopWorkshop + asyncWorkshop + asyncAsync
Outputdifferent
FMEA Table, Risk Priority, Mitigation ActionsPERT Estimate, Expected Value, Risk NotesPareto Chart, Top Causes, Focus ListABC Classification, Focus Rules, Control List
Tagsno overlap
RiskQualityOperationsRoot cause
EstimationUncertaintyRisk
PrioritizationQualityFocusRoot cause
PrioritizationOperationsPortfolio
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