Tag Archive
Gap Analysis
By: Ray Myers, Jr., PMP Gap analysis is a simple but useful tool that can help project managers achieve their objectives and improve performance. It is a study that helps to find ways to bridge-the-gap between the current state and a desired future state. Gap analysis can also help to understand and prioritize business needs... »
SWOT Analysis
By: Ray Myers, Jr., PMP The SWOT analysis is an extremely useful tool for understanding and decision-making for all sorts of situations in business and organizations. SWOT is an acronym for Strengths, Weaknesses, Opportunities, and Threats. SWOT analysis can be done in either an individual or group setting. Conducting this analysis as a group activity using... »
Pareto Analysis
By: Ray Myers, Jr., PMP Pareto Analysis is a statistical technique that is used to focus attention to the vital few factors that are responsible for producing most of the problems in a project. You’ve heard it said that 20% of the causes are responsible for 80% of the effort to resolve the problems. What... »
The Deming Cycle
By: Ray Myers, Jr., PMP The Deming Cycle is a 4 step process that is typically used in business or project process improvement. The 4 steps of the Deming Cycle are: Plan, Do, Check, Act or sometimes referred to as PDCA. PDCA was the brainchild of Dr. Edwards Deming who is considered by many to... »
SMART Goals
By: Ray Myers, Jr., PMP SMART Goals have become a part of the vocabulary of project planning and performance management. Everyone will benefit from goals and objectives when they are SMART because the object is to keep the project requirements clear and focused. Goals should be SMART Specific Measurable Achievable (alternatives: Ambitious or Agreed upon) Realistic Time-based Some organizations use this as... »
Cause and Effect Analysis: Fishbone Diagram
By: Ray Myers, Jr., PMP The Fishbone Diagram identifies many possibilities for an effect or a problem. It is an established problem solving tool that is well suited for group analysis because it visually assists with understanding of a problem’s roots cause. Dr. Ishikawa developed the fishbone diagram as an analysis tool that provides a... »
Affinity Diagrams
By: Ray Myers, Jr., PMP Affinity Diagrams are a decision-making technique that helps to organize and sort a large number of ideas, process variables, or concepts into groupings into naturally related groups. Affinity is frequently used to organize the ideas, opinions, or issues generated by brainstorming. Diagraming is a group activity that uses paper such as... »
