A Pareto Chart is one of the simplest and most powerful tool to guiding you to the root cause of a issue you have. Many people create Bar charts and call them Pareto, but a proper Pareto shows the 80%/20% Pareto Principle extremely well. That principle being that 80% of the effects come from only 20% of the causes. Below is a video by Thomas Pyzdek showing you how to create a proper Pareto in Microsoft Excel 2007.
If the above is not linked to the video here is the URL: http://www.youtube.com/watch?v=_1AlJvmW98k
If you have any questions you can comment below or contact me on my website or phone below.
Bersbach Consulting
Peter Bersbach
Six Sigma Master Black Belt
http://sixsigmatrainingconsulting.com
peter@bersbach.com
1.520.829.0090
Tags: 80-20 Rule, Method, Pareto