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Wednesday, April 11 • 8:45am - 12:00pm
**FULL** Making Better Decisions: Know the Limits of Analysis Methods and Tools

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Over the years, through LeanKanban conferences, leadership retreats, and on-line user groups, our community has had numerous discussions about various analytical methods and tools. A benefit from these discussions has been an increased awareness of why decision makers should know something about the limits and assumptions of common analysis methods and tools they use, and how this knowledge contributes to better decision making when managing projects, validating process improvements, evaluating training, etc.

In this workshop, I review some key “nuggets” captured from these discussions, related to the limits and assumptions of analysis methods and tools commonly observed for measuring and managing workflows or improvement efforts. For this review, we’ll specifically examine key “Gotchas” for the following: averages, scoring methods, control charts (process behavior charts), Little’s Law, Cumulative Flow Diagram (CFDs), and Monte Carlo simulations.

If you’re a decision maker (project manager, program manager, or senior executive) and new to our community, this workshop is a great way to get up to speed on helpful topics from these past discussions. While no formal previous statistics knowledge is required, a basic comprehension of the methods and tools listed above, or with concepts of random numbers, scatter plots, percentiles, histograms, or simple simulations using dice, playing cards, or spreadsheets would be helpful.

avatar for Frank Vega

Frank Vega

KCP, Vega Information System Services, Inc.
Frank brings 30+ years of IT/IS experience, in roles including director, software architect, technical team lead, developer, database modeler, and numerical/data analyst. In 2002 he began assisting teams with applying lean-agile processes and practices (XP, Scrum), and added the kanban... Read More →

Wednesday April 11, 2018 8:45am - 12:00pm PDT