3.0 Lean

Pareto Principle and the 80/20 Rule (CG002)


Description
This module is an overview of the Pareto Principle and the 80/20 "rule" outlining how to identify the most impactful contributing causes of a problem. The Pareto Chart, utilized to visualize and apply the Pareto Principles, is introduced within this module as a practical tool to apply the Pareto principle to your current and future improvement projects.

This module explains:
- What is the Pareto Principles and the 80/20 rule
- Examples of the 80/20 rule
- What is a Pareto Chart
- How to build a Pareto Chart
- Gaining Insight from a Pareto Chart

Estimated Effort: 30 min

COURSE MATERIALS: Included in your course materials is a "workbook" that offers a 3-slide per page booklet that you can download and/or print. The Lean White Belt Workbook and additional templates can be found in 'My Files'.

TEST YOUR KNOWLEDGE: You can assess your understanding of the topics presented in this course by completing the test at the end of the module.
Content
  • Introduction to the Pareto Chart and 80-20 Rule
  • How to Build a Pareto Chart
  • Quick Quiz-CG002
Completion rules
  • All units must be completed