Human Resources Metrics, Reporting, and Financial Management Module 7 - Analytical Tools Flashcards
What are affinity diagrams/mind maps?
Enable us to look at groups of related issues as a whole.
What are cause and effect/fish bone diagrams?
Used to identify a problem, sorting causes into four categories (machinery, methods, materials, and people).
What are gantt charts?
Chart activities against dates.
What is critical path?
Minimum time between start and finish of a project.
What is the delphi technique?
Brainstorming using a questionnaire.
What is the nominal group technique?
When voting follow a brainstorming activity.
What is a SWOT analysis?
Examining strengths, weaknesses, opportunities, and threats
What is utility analysis?
Assessing the dollar value of an initiative in terms of increased productivity or performance.