Download Pick Chart Template In Excel

PICK Chart is a very effective Lean Six Sigma tool useful tin categorizing process improvement ideas during an LSS event. The purpose is to help identify the most useful ideas. The 2×2 grid is drawn on a white board or large flip-chart. Ideas on sticky notes by team members are then place on the grid based on the payoff and difficulty level. The acronym comes from the labels for each of the quadrants of the grid. Possible (easy, low payoff), Implement (easy, high payoff), Challenge (hard, high payoff), and Kill (hard, low payoff).

Using a PICK Chart template

When using a PICK chart, the team members should remember that the purpose is to help identify the most useful ideas, especially those that can accomplish immediately with little difficulty (called “Just-Do-Its”).

An electronic record is created either after the meeting or during the meeting. When drawing the PICK Chart, draw the 2×2 grid and write the labels on the axes.

Write “Just Do It” in the Implement quadrant, but you may want to avoid writing the names of the other quadrants because people may have a hard time categorizing something as hard and low payoff if they see the “Kill” label on the chart.

Keep it simple. If the team decides that it is important that an idea to rank as ‘extremely hard’ or ‘very high payoff’, you can make a note of that or place it along a quadrant accordingly, but try to encourage team members to think of the chart as only 4 choices. Ranking the ideas along a continuous scale is a waste of time since the relative ranking is not on the record and analytical people tend to argue too much about where exactly along the scale an item belongs.

Don’t put an idea on a line between two quadrants. That just encourages the team to avoid making decisions. Discussion is good, but if it is taking too long, encourage the team to just pick a category and make a note to return to the discussion later if there is time.

PICK chart example

This PICK chart spreadsheet is use to create an electronic record of how the process improvement ideas are categorize during an Lean Six Sigma event. When recording the ideas in the spreadsheet, just list them below the chart in the respective categories.

DESCRIPTION

This is an Action Item List template with columns for entering the Value and Difficulty. The PICK column will update automatically based on your choices.

A PICK chart (Possible, Implement, Challenge and Kill chart) is a visual tool for organizing ideas. PICK charts are use after brainstorming sessions to help an individual or group identify which ideas to put easily and have a high payoff.A PICK chart is set up as a large grid, two squares high and two squares across. The PICK acronym comes from the labels for each quadrant of the grid:

  • Possible  – ideas that are easy to implement but have a low payoff.
  • Implement  – ideas that are easy to implement and a high payoff.
  • Challenge – ideas that are hard to implement and difficult to determine payoff.
  • Kill  – ideas that are hard to implement and have low payoff.

Once each idea from the brainstorming session is implement on the most appropriate square. It becomes easier to identify which ideas should act on first. In a group setting, PICK charts are useful for focusing discussion and achieving consensus.

Although PICK charts are often link with the Six Sigma management philosophy. They are originally develop by Lockheed Martin for lean production. Today, PICK charts are in many disciplines outside manufacturing including education, marketing and agile software development.

Download this Pick Chart template in Excel Format

Our easy to use editable Excel templates and save your significant amount of time and effort. Here’s how to download and use one of our templates:

  1. Download this free Excel Template: Once you’ve browsed through our collection of templates and find the one that best fits your needs. Once you’ve found the template you want, click on the download button.

  2. Replace sample data with your actual data: Once the template is downloaded, open it in Excel. You’ll see that it is already set up with sample data. To start analyzing your own data, simply replace the sample data with your actual data.

  3. Customize the template: Our templates are completely editable, which means you can customize them to fit your specific needs. For example, you can change the formatting, add or remove columns, or create new charts and graphs.

  4. Use the Excel template: Once you’ve fed in your data and customized the template, you’re ready to start using it for data analysis. Use the various tools and features of Excel to analyze and visualize your data, and make informed business decisions.

  5. Save and share: Once you’ve finished working on the template, save it to your computer and share it with other members of your team or stakeholders as needed.

Click Download Button To Get Pick Chart Excel Template

Instruction :

All Excel templates and tools are sole property of xlsxtemplates.com. User can only download and use the excel templates for their Personal use only. All templates provided by XLSX templates are free and no payment is asked. However, you are not allowed to distribute or share in any other website for sole purpose of generating revenue from it.

 You can also download and use our 1000 Best PowerPoint Presentation Templates and 500 Resume Samples from PPTXTemplates.com  Completely Free. All our templates are designed by Professionals

Download Free Editable Excel Templates | Popular Templates

Catering Quotation Template

Catering Quotation

Introduction: Crafting Effective Catering Quotations A catering quotation is an essential document for any catering business, offering a detailed proposal for food services for events

Read More »
Work Order Invoice Format

Work Order Invoice

Work Order Invoice Template: Efficient and Detailed Billing for Specific Tasks In businesses where tasks are clearly defined and structured, it’s crucial that the invoicing

Read More »
Work Contract Service Invoice Template

Work Contract Service Invoice

Work Contract Service Invoice Template: Ensuring Transparency in Contractual Billing In the realm of contractual services, clear communication, and precise documentation is paramount. Our Work

Read More »
US Customs Invoice

US Customs Invoice

US Customs Invoice Template: A Key to Unlocking Smooth International Transactions Engaging in international trade demands meticulous adherence to various customs regulations and documentation. This

Read More »
Tree Trimming Invoice Format

Tree Trimming Invoice

Tree Trimming Invoice Format: Detailed Billing for Tree Care Projects Tree trimming and care is an art that requires precision, skill, and a keen eye

Read More »

Free editable professional Excel templates can be a useful tool for businesses, organizations, and individuals looking to streamline their data management and reporting processes. These templates can provide a pre-designed and pre-formatted framework for storing and organizing data, as well as for creating charts, graphs, and other visualizations to help communicate that data more effectively.

One advantage of using professional Excel templates is that they are often designed by experienced professionals who understand best practices for data management and visualization. This means that the templates are likely to be well-organized, easy to understand, and aesthetically pleasing, which can make working with them more efficient and enjoyable.

Another advantage is that these templates are often fully editable, allowing users to customize them to meet the specific needs of their organization or project. This can include adding or deleting rows and columns, changing the formatting and layout, and adding custom formulas and functions.

Some examples of professional Excel templates that may be available for free include budgeting templates for personal or business use, project management templates for tracking tasks and deadlines, and sales tracking templates for analyzing and forecasting sales data. There are also a wide variety of templates available for specific industries, such as real estate, marketing, human resource, Payroll management and among others.

Overall, free editable professional Excel templates can be a valuable resource for anyone looking to improve their data management and analysis skills. By providing a pre-designed and customizable framework for storing, organizing, and visualizing data, these templates can help users save time and make more informed decisions.