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Pareto priority index

From Wikipedia, the free encyclopedia

The Pareto priority index (PPI)[1] is an index used to prioritize several (quality improvement) projects. It is named for its connection with the Pareto principle named after the economist Vilfredo Pareto. It is especially used in the surroundings of Six Sigma projects. It was first established by AT&T.[citation needed] The PPI is calculated as follows:

A high PPI suggests a high project priority.

References

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  1. ^ Gryna, Frank M. (2001). Quality planning and analysis : from product development through use (4. ed.). Boston, Mass. [u.a.]: McGraw-Hill. p. 61. ISBN 978-0070393684.