2.10 Pareto Chart

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Pareto Chart

120%

Monetary Impact of Accounts Payable Transactions on Distorting Project Cost

100%

96%

80%

60%

40%

20% 2% 0% Vendor Invoices Credit Cards Journal Vouchers Employee Expenses

1%

1%

0%

0%

0%

0%

0%

0%

Contributor

% Impact

Notes 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 d istortions to Project Costs.

Vendor Invoices Credit Cards Journal Vouchers Employee Expenses

96% 2% 1% 1%

Pareto

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