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Monthly Performance Reporting Template

How to Review the Progress of your Company in an Integrated Manner

This template is designed to provide management and supervisory staff with a clear and accurate picture of the performance in a company. It allows to understand the current performance levels, set realistic performance goals, and understand the weaknesses to establish improvement priorities. Read more »

Questionnaire Analysis Report

After collecting the answered questionnaires from your respondents, you have to analyze the data and report the results. This template is used to analyze the collected qualitative data from a large number of individuals and summarize the results in a report which can be easily printed. Further statistical analysis, conclusions and recommendations can be added to the report as well. Read more »

Matrix Diagram Template

A Matrix Diagram is a table that allows sets of data to be compared to understand the relationship between them. It displays the existence and strength of the relationship between pairs of items of the data sets. The relationship is indicated by a number or symbol in each cell where each two items intersect in the matrix. Matrix diagrams can be useful in a wide range of applications including matching requirements with specifications and assigning responsibilities based on competencies. To learn more about matrix diagrams, please click here. Read more »

Normality Testing in Minitab

Normality Testing

The Normal Distribution is the commonest and the most useful continuous probability distribution. Many statistical tests require that the distribution is normal or nearly normal. Several tools are available to assess the normality of data including: using a histogram to visually explore the data, producing a normal probability plot, and carrying out an Anderson-Darling normality test. All these tools are easy to use in Minitab statistical software. Read more »

Probability Distributions in Minitab

Probability Distributions

There are different shapes, models and classifications of probability distributions including the ones discussed in the probability distributions article. It is always a good practice to know the distribution of your data before proceeding with your analysis. Once you find the appropriate model, you can then perform your statistical analysis in the right manner. Minitab can be used to find the appropriate probability distribution of your data. Read more »

Normal Distribution

Normality Test

Continuous distributions describe variables that take values from a continuous range and can be measured with any degree of accuracy. The commonest and the most useful continuous distribution is the normal distribution. The Normal Distribution is a symmetrical probability distribution where most results are located in the middle and few are spread on both sides. It has the shape of a bell and can entirely be described by its mean and standard deviation. Read more »

Probability Distributions

Probability Distributions

Most improvement projects and scientific research studies are conducted with sample data rather than with data from an entire population. A Probability Distribution is a way to shape the sample data to make predictions and draw conclusions about an entire population. It refers to the frequency at which some events or experiments occur. It helps finding all the possible values a random variable can take between the minimum and maximum statistically possible values. Read more »

Descriptive Statistics in Minitab

Descriptive Statistics

Minitab is a statistical software that allows you to enter your data to perform a wide range of statistical analyses on that data. It can be used to calculate many types of descriptive statistics including the ones discussed in the Descriptive Statistics article which can tell you a lot about your data in order to make more rational decisions. Descriptive statistics summaries in Minitab can be either quantitative or visual. Read more »

Descriptive Statistics

Descriptive Statistics

Descriptive statistics are methods of describing the characteristics of a data set. It includes calculating things such as the average of the data, its spread and the shape it produces. It involves describing, summarizing and organizing the data so it can be easily understood. Graphical displays are often used along with the quantitative measures to enable clarity of communication. Descriptive statistics helps exploring and making conclusions about the data in order to make more rational decisions. Read more »

RACI Matrix

RACI Matrix

There are many ways to help clarify roles and responsibilities within a project, business process, or change initiative. Some prefer to use a hierarchical structure while others prefer to use a matrix-style format such as the RACI matrix. A RACI Matrix is a tool that brings clarity to the roles people play within a team working towards achieving a common goal. It describes the participation of the various roles in completing the required activities and deliverables. Read more »

Value Analysis

Value Analysis

Value is one of the most important concepts within Lean thinking and one of the most valuable outcomes Lean provides. Value Analysis focuses on what adds value to business processes as perceived by the customer. A process that does not add value to the product or service should be redesigned or eliminated altogether. Problem solving and continuous improvement efforts often focus on those aspects of processes that add no value to the customer and are therefore wasteful. Read more »

Waste Analysis

Waste Analysis

In a Lean culture, Waste is anything that doesn’t add value from the customer’s perspective. It includes activities and resources beyond what is needed to meet customer requirements. Waste Analysis involves identifying, quantifying, eliminating and preventing waste in manufacturing, service and office environments. Many Lean tools and techniques focus on continually identifying and eliminating these wastes to bring efficiency and effectiveness to existing processes, and this is one of the core principles of Lean thinking. Read more »

RAID Log Template

A RAID Log is a project management tool that is used to store several project information in one place. It allows project managers to track risks, assumptions, issues and dependencies, making it a useful document in regular project meetings and for audit purposes. This template allows you to keep track of everything happening in your project. You may use it to record relevant project information, and to regularly review and update these information at any time. It also comes with a dashboard that displays these information at a glance. Read more »