Fundamentals of Pareto Analysis
podcast episode with speaker Fred Schenkelberg
Pareto Analysis is a simple yet powerful tool that provides a visual way to help focus on the most critical tasks. The idea that 80% of your field failures come from 20% of the failure mechanisms is one way we can focus on the vital few instead of the insignificant many.
Let’s explore the basics of conducting Pareto Analysis, plus a few different ways to create and modify the plots. Of course, we’ll talk about some potential problems and pitfalls to avoid.
Bring your questions and success/failure stories using this tool. There should be plenty of time for a discussion.
This Accendo Reliability webinar was originally broadcast on 9 July 2024.
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To view the recorded video, visit the webinar page.
Related content:
QDD 095 After the ‘Storm: Pareto Voting and Screening Methods episode
SOR 680 Pareto was Right episode
QDD 015 Using the Pareto Principle and Avoiding Common Pitfalls episode
Building and Using Pareto Charts article
SOR 378 Why Pareto Analysis is Not Sufficient episode
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Fundamentals of Pareto Analysis
Let’s explore the basics of conducting Pareto Analysis, plus a few different ways to create and modify the plots.
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