Search results
Results from the WOW.Com Content Network
KPI information boards. A performance indicator or key performance indicator (KPI) is a type of performance measurement. [1] KPIs evaluate the success of an organization or of a particular activity (such as projects, programs, products and other initiatives) in which it engages. [2]
Overall equipment effectiveness [1] (OEE) is a measure of how well a manufacturing operation is utilized (facilities, time and material) compared to its full potential, during the periods when it is scheduled to run.
use of visuals over the tabular presentation of data; bar charts: to visualize one or more series of data; line charts: to track changes in several dependent data sets over a period of time; sparklines: to show the trend in a single data set; scorecards: to monitor KPIs and trends; use of legends anytime more than one color or shape is present ...
This feature is very important for products that have expensive maintenance. Serviceability is defined by speed, courtesy, competence and ease of repair." [9] Customers want products that are quickly and easily serviceable. [11] Perceived quality, which may be affected by the high price or the good aesthetics of a product.
Optimal maintenance is the discipline within operations research concerned with maintaining a system in a manner that maximizes profit or minimizes cost. Cost functions depending on the reliability , availability and maintainability characteristics of the system of interest determine the parameters to minimize.
Total productive maintenance (TPM) was developed by Seiichi Nakajima in Japan between 1950 and 1970. This experience led to the recognition that a leadership mindset engaging front line teams in small group improvement activity is an essential element of effective operation.
The methodological process used to collect and organize project information can match normalized methodologies such as PRINCE2.. A PMIS Software supports all Project management knowledge areas such as Integration Management, Project Scope Management, Project Time Management, Project Cost Management, Project Quality Management, Project Human Resource Management, Project Communications ...
KPI – Key Performance Indicator, a type of performance measurement. An organization may use KPIs to evaluate its success, or to evaluate the success of a particular ...