Pareto Cost Reduction
This course is designed for those interested to learn the basics of Pareto principle and effectively target areas for cost reduction in their business as well as execute cost reduction projects while controlling schedule and budget using effective techniques.
About This CourseBeginner
In this course, you’ll learn step by step through the tools developed to make the process of cost reduction easier and more successful.
You’ll learn how to analyze your costs and identify the key areas to address for the best return investment of time and money.
The basis of this is knowing how to select the right projects to reduce your costs, executing them in the right way, and measuring the results.
You’ll know how to do a structured and easy to manage way so you spend your time reducing your costs, not administrating your cost reduction program.
Who this course is for:
- Small business owners who need to reduce costs and want to do it in an organized, targeted and sustainable way.
- New managers who have been tasked with reducing costs, perhaps for the first time
- Students with a target in mind for how much they need to reduce their costs by.
Our Promise to You
By the end of this course, you will have learned about the Pareto principle and how it can help you reduce your business costs.
30 Day Money Back Guarantee. If you are unsatisfied for any reason, simply contact us and we’ll give you a full refund. No questions asked.
Get started today and learn more about the Pareto principle for cost reduction.
Section 1 - Introduction
Section 2 - Analyse Your Costs
The Pareto Principle In A Nutshell
How To Apply The Pareto Principle
The Best Way To Generate Excellent Cost Reduction Ideas
Brainstorming For One
Section 3 - Select Projects
How To Select The Best Projects
The Simple Way To Set The Budget
The Easy Way To Analyze Your Return
Simple Schedule Estimating
How To Use A Project Screening Tool
Section 4 - Project Charter
Why Most Projects Fail
How To Write Great Project Charters
How To Write Clear Problem Statements
How To Set A Scope
The Key Roles In A Project
Risk Within A Project
How To Use A Project Charter Tool
Section 5 - Run Projects
The 6 Areas Experts Focus On To Solve Any Problem
The Art Of The 5 Why’s Approach
The “So That…” Check
How To Use A Problem Solver Tool
Creating A Solid Action List
Creating A Schedule
Running The Project
How To Use A Standard Tool To Run Projects
Section 6 - Monitor Costs
Why It’s So important To Monitor The Project Results
The Little Understood Benefit Of Making Your Results Visible
Using A Results Tracking Tool
How To Roll It All Up
Section 7 - Rinse And Repeat
Compounding Your Cost Reductions
How To Cascade The Process Across Your Cost Structure
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