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Analytical Pareto Chart

The Analytical Pareto Chart widget is a specialized bar chart used to visualize the 80/20 principle, where a few factors often contribute to the majority of an outcome. It organizes data in descending order, with thresholds to highlight significant contributors, making it ideal for prioritization and root-cause analysis.

Key Features​

  • Metric and Organizational Unit Selection: Choose specific metrics and organizational units to analyze.
  • Aggregation Options: Define how data points are aggregated (e.g., average, sum, count).
  • Descending Order Visualization: Automatically sorts data from highest to lowest value.
  • Thresholds: Highlight key values with custom labels and colors for better prioritization.
  • Granularity Settings: Specify the time granularity (e.g., day, week) to control the level of detail.

Use Cases​

  • Performance Prioritization: Identify top-performing or underperforming categories, processes, or units.
  • Root-Cause Analysis: Focus on the critical few contributors to an issue.
  • Resource Allocation: Optimize resources by targeting the highest-impact areas.

Step-by-Step Guide to Set Up the Analytical Pareto Chart​

  1. Navigate to Dashboards.
  2. Click on the pencil icon in the top-right corner.
  3. Click on the Add Widget icon.
  4. Select Analytical Pareto Chart and click Next.
  5. Fill out the following fields:
    • Metric: Select the metric you want to analyze (e.g., revenue, defect counts).
    • Aggregation Type: Choose the aggregation method (e.g., average, sum, count).
    • Organizational Unit: Select the organizational unit for filtering data.
    • Widget Name: Enter a descriptive name for the widget (e.g., "Top Defects Pareto").
    • Time Range: Specify the time range for the analysis (e.g., "Last 7 Days").
    • Granularity: Set the time granularity for the data (e.g., day, week, month).
  6. (Optional) Add thresholds:
    • Click Add Threshold and configure the following:
      • Name: Enter a label for the threshold (e.g., "Critical").
      • Value: Set the threshold value.
      • Color: Choose a color to highlight the threshold data.
  7. Click Submit to finalize the widget setup.
  8. Click Save to apply the widget to your dashboard.

Your Analytical Pareto Chart is now ready, enabling you to focus on the most impactful contributors and make data-driven decisions efficiently.

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