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Basic Pareto Chart

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Basic Pareto Chart
Basic Pareto Chart
Pareto provided by http://thequalityportal.com
Pareto Chart Monetary Impact of Accounts Payable Transactions on Distorting Project Cost
Contributor % Impact
Notes
Vendor Invoices 96%
Credit Cards 2%
Journal Vouchers 1%
Employee Expenses 1%
96%
2%
1% 1%
0% 0% 0% 0% 0% 0%
0%
20%
40%
60%
80%
100%
120%
Vendor Invoices Credit Cards Journal Vouchers Employee Expenses
Basic Steps for Pareto Chart:
1. Quantify the Impact of Each Defect
2. Rank in Descending Order
NOTE: You should have at least three types of defects. If you have too many, then you may want to group them together.
This Pareto Chart simply looked at different types of Accounts Payable Transactions and how do these transactions relate to distortions to Project Costs.
Basic Pareto Chart