The Net Present Value Method: Measuring the True Value of an Investment

In the previous three articles, we’ve examined the Break-even Analysis and Pay-back Period methods as [...]

The Problems with Payback Period, Part 2

The problems with the payback period method as a mean of analyzing and comparing potential [...]

The Problems with Payback Period, Part 1

If you’ve ever participated on a project team considering the purchase of a major piece [...]

Break-Even Analysis: To Paint or Not to Paint

As a teenager, my father was a house painter. He started out as a “brush [...]

Root Cause Analysis: What is 8D?

The “D” is 8D stands for “disciplines”, and the 8D process is a problem-solving methodology [...]

Root Cause Analysis: 5 Why Analysis

No discussion of root cause analysis is complete without a review of 5 Why Analysis. [...]

Layered Process Auditing (Course)

We are proud to announce a new course called Process Layered Auditing! Layered Process Auditing [...]

Evolution of the Four Industrial Revolutions

This graphic shows a concise outline of the four industrial revolutions. You can see the [...]

Root Cause Analysis: Correlating Product and Process Variables

One excellent starting point of the investigation phase of a root cause analysis is the [...]

Cpm – What Is It, And Why Should I Care?

I remember the feeling I had as child when I first heard about Rudolf. I [...]