Tag Archives: chart

Graphical Analysis


Graphical Analysis

Graphing the data can be utilized for both historical data already available and when analyzing the data resulting from live data collection activities. Of course, you need to pick the right graphical tool as there are a lot of different ways to plot your data. A number of commonly used graphical tools will be covered here. However, note that if one graph fails to reveal anything useful, try another one.

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Pareto Chart Template

The purpose of the Pareto Chart is to address the most important among a set of factors, the highest occurring type of defect, the most frequent reasons for customer complaints, and so on. It combines an ordered bar chart and a line chart. The items on the left side of the chart are called the “vital few” while the rest are considered the “trivial many”.

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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 »»

Gantt Charts

Gantt Charts

When managing projects, large number of activities are to be controlled and completed on time. If you miss a deadline, the costs may increase considerably and you may even be penalized. A Gantt Chart is a visual representation that provides an instant overview of the status of a project. It outlines all activities involved in a project against a timescale. A basic Gantt chart simply lists what needs to be done and when. It is often used by any industry that requires project management such as: construction, telecommunications, information technology and management consulting. Read more »»

Process Chart Template

A Flow Process Chart is a representation showing the sequence of activities within a process. This type of process map is preferable when documenting sequential processes that contain few decisions. This template allows to record the steps of a process in a tabular format. It is often used to identify waste by analyzing the non-value adding steps, long delays and excessive transportation. It then produces performance indicators such as; total value added time, distance traveled for transport activities, and value stream ratio.

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Scatter Plots

Scatter Plot

Many situations require the investigating whether a relationship exists between two or more variables. A Scatter Plot is a diagram showing whether two variables are correlated or related to each other. It shows patterns in the relationship that cannot be seen by just looking at the data. It is often used as a first step in analyzing and communicating the correlation between pairs of variables before conducting advanced statistical analyses. It works with both continuous and count data.

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Histograms and Boxplots

Histograms:

Histograms and Boxplots

A histogram is a graphical representation of a frequency distribution for numeric data. It is a bar chart that is often used as the first step to determine the probability distribution of a data set or a sample. It allows to visually and quickly assess the shape of the distribution, the central tendency, the amount of variation in the data, and the presence of gaps, outliers or unusual data points. Read more »»

Flowcharting


Flowcharting

A flowchart is a graphical tool that illustrates the flow of a business process and the relationships between its activities. It allows to break up any process into individual activities to see how it looks like. The simplicity of flowcharts make them useful for understanding processes and finding waste and inefficiencies for further problem-solving efforts. They can be used for any process and in any industry.

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Pareto Analysis

Pareto Analysis

There are many situations where you are asked to decide which problems or causes of a problem should be tackled first. The Pareto Principle, which is also referred to as the 80-20 rule, states that roughly 80 percent of the problems or effects come from 20 percent of the causes. It describes a statistical phenomenon that a small number of high values contribute more to the total than a high number of low values. The focus of the Pareto Analysis is to identify the “vital few” from the “trivial many” and make it possible to attack the 80 percent of the problems to obtain the maximum benefits.

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Monthly Performance Report Template

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

This template is designed to provide manager 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. This template is especially useful during the management review meetings, and on a monthly, quarterly or annual basis.

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Gantt Chart Template

A Gantt Chart is a way to graphically show progress of a project. It outlines all activities involved in a project and illustrates other project-related information such as: the start and finish dates of activities, completion percentages, responsible persons, and so on. Gantt charts are useful to keep the team and other relevant stakeholders informed of the progress of the project.

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Flow Process Chart

Flow Process Chart

A Flow Process Chat is a symbolic representation that illustrates the sequence of activities within a process. It is used to record and analyze the activities that make up a process to determine which add value and which do not. Activities can be any operation, inspection, storage, transportation, and delay actions that are carried out by an individual person, a team, a machine, a computer system, or a combinations of all.

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