This is a statistical technique used in decision-making. Based on the Pareto principle (can be called 80/20 rule) whereby 20% of total effort will get 80% results.
Performance Indicator
Performance Indicators are measurables that an organisation uses to gauge its performance. They are sometimes known as Key Performance Indicators (KPIs).
PI
Performance indicator
Plan-Do-Check-Act (PDCA) cycle
A four-step improvement process. The first step involves planning for the necessary improvement: the second step is the implementation of the plan; the third step is to check the results of the plan; the last step is to act upon the results of the plan. It is also know as the Shewhart cycle, the Deming cycle and the PDCA cycle.
PPE
Personal Protective Equipment
Procedure
Specified way to carry out an activity or a process.
Process
The combination of people, equipment, raw materials, methods and environment that produces a given product or service.
