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    2.10 Pareto Chart

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    Umair Kamran
    Vendor invoices make up 96% of monetary impacts that distort project costs in accounts payable transactions, while credit cards, journal vouchers, and employee expenses each account for 1-2% of impacts. A Pareto chart was created to quantify and rank the impact of different types of accounts payable transactions on distorting project costs, with vendor invoices shown to be the primary contributor according to the 80/20 rule.

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    2.10 Pareto Chart

    Uploaded by

    Umair Kamran
    8 views1 page
    Vendor invoices make up 96% of monetary impacts that distort project costs in accounts payable transactions, while credit cards, journal vouchers, and employee expenses each account for 1-2% of impacts. A Pareto chart was created to quantify and rank the impact of different types of accounts payable transactions on distorting project costs, with vendor invoices shown to be the primary contributor according to the 80/20 rule.

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    2.10_pareto_chart.xls

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    Vendor invoices make up 96% of monetary impacts that distort project costs in accounts payable transactions, while credit cards, journal vouchers, and employee expenses each account for 1-2% of impacts. A Pareto chart was created to quantify and rank the impact of different types of accounts payable transactions on distorting project costs, with vendor invoices shown to be the primary contributor according to the 80/20 rule.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xls, pdf, or txt
    8 views1 page

    2.10 Pareto Chart

    Uploaded by

    Umair Kamran
    Vendor invoices make up 96% of monetary impacts that distort project costs in accounts payable transactions, while credit cards, journal vouchers, and employee expenses each account for 1-2% of impacts. A Pareto chart was created to quantify and rank the impact of different types of accounts payable transactions on distorting project costs, with vendor invoices shown to be the primary contributor according to the 80/20 rule.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xls, pdf, or txt
    of 1

    Pareto Chart Monetary Impact of Accounts Payable Transactions on Distorting Project Cost

    120%

    100% 96%

    80%

    60%

    40%

    20%

    2% 1% 1%
    0%
    Vendor Invoices Credit Cards Journal Vouchers Employee
    Expenses

    Contributor % Impact Notes

    Vendor Invoices 96% Basic Steps for Pareto Chart:


    1. Quantify the Impact of Each Defect
    Credit Cards 2% 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.
    Journal Vouchers 1%
    This Pareto Chart simply looked at different types of Accounts Payable Transactions and how do these transactions relate to distortions to Project
    Employee Expenses 1% Costs.

    Pareto provided by http://thequalityportal.com

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