Pareto Analysis
10 Minute Talk
A Brief Introduction to Pareto Analysis (the ‘Bad Actor’ List)
Pareto analysis is one of the simplest yet most powerful techniques you can use to find out which items of equipment are consuming your resources. In this brief presentation, we will explain the benefits of the technique, and briefly, how you use them.
- Jason Tranter
- Mobius Institute
Five Minute Facts
2 Tools for Asset Managers to Improve Prioritization and Decision-Making
Asset managers across industries are all feeling the intensifying pressure to consistently prioritize resources correctly and make effective decisions accordingly. Effective decision-making requires a quantitative approach that is justifiable, consistent, and above all, aligned with the greater strategic business goals...
- Jason Apps
- ARMS Reliability
10 Minute Talk
Prioritizing Your Activities
Most organizations endeavoring to improve reliability have limited resources and must, therefore, make important decisions about where to focus their efforts, otherwise, they will struggle to make progress. In this brief presentation, we will explain how to use a combination of the asset criticality ranking, Pareto analysis (a bad actor list) and asset health to prioritize activities.
- Jason Tranter
- Mobius Institute
