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Criterion
Paper illustration for Trade-off Analysis.
Decision Making
Trade-off Analysis
Paper illustration for Failure Mode and Effects Analysis
Operations
Failure Mode and Effects Analysis
Paper illustration for Pareto Analysis
Decision Making
Pareto Analysis
Purposedifferent
With limited resources, quality, speed, cost, and risk almost always compete with each other. Trade-off Analysis makes these tensions explicit and prevents decisions from producing hidden side effects.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.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.
Complexitydifferent
MediumHighLow
Timedifferent
45-120 min2-6 h30-60 min
Participantsdifferent
2-83-101-6
Formatdifferent
Workshop + asyncWorkshopWorkshop + async
Outputdifferent
Trade-off Matrix, Criteria List, Decision Rationale, Accepted DownsidesFMEA Table, Risk Priority, Mitigation ActionsPareto Chart, Top Causes, Focus List
Tagsno overlap
TradeoffsDecisionCriteriaOptions
RiskQualityOperationsRoot cause
PrioritizationQualityFocusRoot cause
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Paper illustration of a decision table with criteria rows, weighted ratings, and a narrowly leading alternative.
Decision Making
Decision Matrix
Paper fishbone diagram with a measurable effect at the head and six labeled cause branches.
Operations
Fishbone Diagram
Paper illustration for Kepner-Tregoe
Operations
Kepner-Tregoe
Paper illustration of a calibrated five-by-five risk matrix with response cards.
Decision Making
Risk Matrix