A time value map is a tool for representing the value-added and non-value-added time in a process. In a time value map, all activities are plotted as bars proportional to their time values along a horizontal timeline. Only value-added activities are plotted above the timeline and everything else is plotted below the timeline. This time value map template can be used to monitor how much time is wasted in any process.
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RACI Matrix Template
A RACI matrix is used to clarify the connections between stakeholders and activities related to a project or process. It is widely used in project management and business process management. RACI stands for Responsible, Accountable, Consulted and Informed. A completed RACI matrix serves as the guiding document that every stakeholder will refer to when needed.
Read more »SWOT Analysis Template
The aim of SWOT analysis is to understand the internal and external factors influencing the performance of a business, now and in the future. SWOT simply stands for Strengths, Weaknesses, Opportunities, and Threats. The outcome of any SWOT analysis workshop should provide the basis for further analysis and action. It should allow the business to capitalize on the strengths, take advantage of the opportunities, while minimizing the impact of the weaknesses and threats.
Read more »PESTLE Analysis Template
The aim of PESTLE analysis is to understand how macro-environmental factors affect the performance of an organization, then take appropriate actions to adapt to the changing environment. It brings together six external perspectives that serve as useful input into the strategic planning process of an organization. These six perspectives are: Political, Economic, Social, Technological, Legal, and environmental external factors.
Read more »Affinity Diagram Template
An affinity diagram is used in situations where you needed to organize many ideas or information to make sense of them. It is commonly used to capture and group the output of brainstorming sessions in order to organize the generated ideas. There are many applications and online services that allow the construction of affinity diagrams. However, this template is pretty simple and straightforward where you can create simple customizable affinity diagrams.
Read more »Stakeholder Analysis Template
Stakeholder analysis involves identifying and analyzing the stakeholders that are likely to affect or be affected by a particular company activity, then planning to communicate and engaging with them. It is widely used in project management to develop engagement and cooperation between project team and project stakeholders. Other applications include conflict resolution, organizational transformation and change management.
Read more »Box Plot Template
A box plot is a graph that shows the frequency of numeric data values for a given variable. It indicates where most of the data is grouped and how much variation there is in the process. It is most useful when comparing between several data sets. This template allows you to enter up to 70 individual data points for two data sets, and the box plots will be displayed automatically to reflect your data.
Read more »Histogram Template
A histogram is a bar chart that represents the frequency distribution of data on a given variable. It indicates where most of the data is grouped and how much variation there is in the process. This template allows you to enter up to 100 individual data points, and the histogram will be displayed automatically to reflect your data. The more data there is, the more accurate the histogram will be.
Read more »Scatter Diagram Template
A scatter diagram is a graph that helps you visualize the relationship between two variables. It is used to check if changes in one variable are associated with changes in the other variable. For example, a scatter diagram can be plotted to check if there is a relationship between the number of months a person has been on the job and the time it takes him or her to complete his or her duties.
Read more »Value Stream Map Template
A value stream map is tool that provides a high-level view of the important elements of an end-to-end process. Its primary goal is to identify waste and areas where improvement can be made in the existing operation. It is mainly used in manufacturing, however, it can also be applied in product development and service-related industries such as healthcare, hospitality and logistics.
Read more »Process Yield Calculator
Process yield measures are metrics used to better understand process yield. These metrics should be able to reveal even the smallest inefficiencies in the process in to order to improve process efficiency and capability. Process yield measures are basically obtained by dividing good product units produced by the number of total units entered the process. Many companies use two metrics to measure the total process yield; final yield and rolled throughput yield.
Read more »SIPOC Map Template
A SIPOC Map is tool that provides a high-level view of the important elements of a business process. It is widely used in process design and improvement initiatives (such as Six Sigma) to defines the scope of process improvement projects. SIPOC is an acronym that stands for Suppliers, Inputs, Process, Outputs and Customers.
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