Process Management Suite – Excel Template

All Industries, Financial Model, General Excel Financial Models

Excel, Financial Planning, Financial Reporting, Project Management

This Process Management Suite Excel Template is an All-in-One bundle of templates for project management.

Project Prioritizer
The first step of project management is to identify projects that have the most potential to benefit the business, and the Project Prioritizer template is designed to help with that. Five factors are included in the Prioritizer. They are: Important to the Customer, Cost to Implement, Feasibility, Cost Reduction, and the Impact on Other Processes. By using the Project Prioritizer template, you will minimize bias and evaluate potential projects using a consistent method.

Failure Mode and Effects Analysis (FMEA)
An FMEA provides a systematic technique for the identification of potential failure modes in a system and their causes and effects. It focuses attention on those failures that would pose the greatest overall risk to your product, service, or process. The FMEA template provides a structured, qualitative method of performing this review by combining ratings of Severity, Occurrence, and the likelihood of Detection.

Pareto Chart
A Pareto chart template is a useful visual tool to identify the “critical few” among a set of factors. This is commonly called the 80/20 rule. In practice, the 80/20 rule would state that roughly 20 percent of products account for 80 percent of sales or that 20 percent of defects are causing 80 percent of the problems. The Pareto Chart template will help you direct your efforts to where they can make the biggest impact.

Histogram
The Histogram template provides a visual representation of the shape of a distribution of numerical data. Histograms communicate range and variation. Values that vary widely are more volatile and this can be an indication of process problems. Outliers, or data that fall far outside of the normal range, may also indicate potential problems. Outliers may also show outsized opportunities. Either would require further investigation and the Histogram template will help you highlight those instances.

Control Chart
The Control Chart template is used to show how a process variable changes over time. It shows the type of variation that exists and whether the variance is inside or outside the normal variation for the process, the latter being an “out of control” process. The Control Chart template includes visual indications to highlight when data vary significantly from the norm. Those are the instances that require investigation and remediation as part of your goal of continual process improvement.

Scatter Plot
A Scatter Plot template displays pairs of numerical data and can be used to visually identify a relationship between them. The plotted data points can reveal patterns that wouldn’t be obvious otherwise. These patterns, if they exist, can be described as combinations of positive or negative.

You must log in to submit a review.