PICK-Chart.xlsx

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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.  




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    PICK-Chart.xlsx, 5.0 out of 5 based on 3 ratings

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

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  • How did you create this chart so that each idea is a separate series? The only way I know how to do this is to manually add each one separately in select data source/add (series). But your chart is automatic – I noticed that when you add a new idea to the table, it automatically adds it as a new series in the chart.

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