Pareto priority index
Index used to prioritize projects
The Pareto priority index (PPI)[1] is an index used to prioritize several (quality improvement) projects. It is named for its connection with the Pareto principle named after the economist Vilfredo Pareto. It is especially used in the surroundings of Six Sigma projects. It was first established by AT&T.[citation needed] The PPI is calculated as follows:
A high PPI suggests a high project priority.
References
- ^ Gryna, Frank M. (2001). Quality planning and analysis : from product development through use (4. ed.). Boston, Mass. [u.a.]: McGraw-Hill. p. 61. ISBN 978-0070393684.
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Strategic planning tools
- Ansoff matrix
- Balanced scorecard
- Business Model Canvas
- Competitor analysis
- Growth–share matrix
- Managerial grid model
- MECE principle
- Mind map
- OGSM
- Pareto priority index
- PEST analysis
- Porter's five forces analysis
- Scenario planning
- Segmenting-targeting-positioning
- SWOT analysis
- Kraljic matrix
- Strategic Grid Model
- Strategy map
- VRIO