PICK-Chart.xlsx

VN:F [1.9.22_1171]
Rating: 5.0/5 (2 votes cast)
Add Comment


Author: © Eric Dayal

Description:

Most PICK Chart templates require you to manually place the idea onto the chart.  This template uses the Scatter Chart functionality in Excel to automatically place the ideas on the chart for you based on the the values you enter for Impact and Effort.  0 is the minimum value (low) and 3 is the maximum value (high)

The PICK Chart is a Lean/Six Sigma tool used to help prioritize ideas.  The X axis represents the Effort to implement an idea while the Y axis represents the expected Impact.  

Four quadrants are displayed in the PICK Chart:

  • Possible - ideas that are considered "low hanging fruit". The effort to implement is low, but the impact is also low.  These should only be implemented after everything in the "Implement" quadrant.
  • Implement - ideas that should be implemented as they will have a high impact and requrie low effort
  • Challenge - ideas that should be considered for implementation after everything in the "Implement" column.  The impact is high, but the effort is also high. 
  • Kill - ideas that should be "killed" or not implemented.  The effort to do so is high and the impact is low.  

A PICK Chart is typically used in a Lean/Six Sigma project after Problem Identification Waste Analysis and Root Cause Analysis.  




Related Docs:

  • One-Page-Project-Charter.pptx
  • SIPOC.doc
  • 5w2h.docx
  • SIPOC-Visio-Template.vsd
  • Example-Cross-Functional-Flow-Chart-Diagram.vsd

  • Tags: ,,,


    Was this document helpful? Rate it Now

    PICK-Chart.xlsx, 5.0 out of 5 based on 2 ratings

    Date Posted: 2014-01-03 18:48:21

    Leave a Comment

    You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>


    You can also Register with HitDocs! or


    Your Documents & Templates Belong Here


    Upload Now