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Risk matrix. A risk matrix is a matrix that is used during risk assessment to define the level of risk by considering the category of likelihood (often confused with one of its possible quantitative metrics, i.e. the probability) against the category of consequence severity. This is a simple mechanism to increase visibility of risks and assist ...
SWOT analysis (or SWOT matrix) is a strategic planning and strategic management technique used to help a person or organization identify Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning. It is sometimes called situational assessment or situational analysis.[1] Additional acronyms using the ...
t. e. Six Sigma ( 6σ) is a set of techniques and tools for process improvement. It was introduced by American engineer Bill Smith while working at Motorola in 1986. [1] [2] Six Sigma strategies seek to improve manufacturing quality by identifying and removing the causes of defects and minimizing variability in manufacturing and business processes.
5S is a workplace organization method that uses a list of five Japanese words: seiri (整理), seiton (整頓), seisō (清掃), seiketsu (清潔), and shitsuke (躾). These have been translated as 'sort', 'set in order', 'shine', 'standardize', and 'sustain'. [1] The list describes how to organize a work space for efficiency and effectiveness ...
Investigations Police of Chile ( Spanish: Policía de Investigaciones de Chile, PDI) are the civilian police of Chile. Founded in 1933, it is one of two Chilean police bodies, along with the law enforcement police: Carabineros de Chile. [4] The PDI is the principal law enforcement arm of the Public Prosecutor's Office of Chile in criminal ...
Agile software development is the mindset for developing software that derives from values agreed upon by The Agile Alliance, a group of 17 software practitioners in 2001. As documented in their Manifesto for Agile Software Development the practitioners value:[1] Individuals and interactions over processes and tools Working software over ...
Principal component analysis ( PCA) is a linear dimensionality reduction technique with applications in exploratory data analysis, visualization and data preprocessing . The data is linearly transformed onto a new coordinate system such that the directions (principal components) capturing the largest variation in the data can be easily identified.
