Pareto analysis

Pareto analysis is the analysis of frequency, and is another tool to confirm that the product or service is meeting customer expectations. Frequency measurements are made to confirm the statistical significance of occurrences in the project process that might affect quality. For instance, the number of schedule variations in a project schedule due to various root causes would be a good target for frequency analysis.

Pareto analysis can be scheduled into the project as a way to follow rework and errors in a product from design to assembly and testing. Frequencies of errors at each stage in the product development give the project manager a good way to identify key points in the design and development where errors occur, then display the results on a graph to show the relative frequency of errors at each point. Thus this kind of analysis should be scheduled at several intervals in the process.

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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