Application of Data Based Prioritization Tools to Identify Vital Few Factors

₱ 0.00

KL

Ken Lubong

English, Filipino ∙ Self-paced (1 hr 14 mins)

Date Published
June 01, 2023
Course Updated
December 12, 2024
Categories:
Analytics
Tags:
#Analytics

About the Course


The Pareto Principle or also known as the 80/20 rule illustrates 80% of effects arise from 20% of the causes – or in layman's terms – 20% of your actions/activities will account for 80% of your results/outcomes. 


In determining the Vital Few, you’ll be able to identify and prioritize problems and tasks, help organize workloads more effectively, and improve productivity and profitability.


In this course, you’ll learn about the vital few and its importance, the tool being used in performing the vital few, and to know more about the AHP and its step-by-step procedure in performing it.


Course Objective


  • To learn about the importance of determining the vital few
  • To know the most common tool in determining the vital few and how to perform it
  • To have the knowledge about AHP and its step-by-step method


Course Outline


  • Importance of determining the vital few
  • Pareto Principle
  • Analytic Hierarchy Process or AHP
  • Pairwise Comparison


Target Participants


It is for all the interested individuals especially when you are doing a research study


Certificate Requirements



No frequently asked questions for this course yet.
5.0
24 Ratings
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Rhoma Elaine
11 months

Application of Data Based Prioritization tools to identify vital few factors is essential for problem solving analysis. This is because that you can identify potential problems and what prioritization will take to apply solution and sustain its standards. Personally, this tools like pareto principle really help us for research purposes to identify the vital few of the problems that we saw on the study.

Angel Marie
11 months

Great learning experience

Ryan Jay
11 months

thorough discussion of data based the concept of prioritization tools and its application

Louie Jean
10 months

"Application of Data-Based Prioritization Tools" empowers students to discern crucial factors efficiently. It delves into prioritization methodologies, equipping us to sift through data complexities. This course cultivates a strategic mindset, a valuable skill in decision-making, vital for academic excellence and future professional endeavors in data-driven environments.

John Jerick
10 months

I realized that Focusing on the vital few, rather than the trivial many, is key to achieving significant results. Pareto Principle, or the 80/20 rule, guides this approach by identifying the critical inputs that yield the most outputs. By prioritizing these tasks, organizations can streamline workflows, boost productivity, and maximize efficiency effectively.

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