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Process Improvement: Six Sigma & Kaizen Methodologies
 
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Improve your project processes with these top two methodologies: Six Sigma & Kaizen Try our award-winning PM software for free: https://www.projectmanager.com/?utm_source=youtube.com&utm_medium=social&utm_campaign=ProcessImprovementSixSigmaKaizenMethodologies Claim your free 30-day trial of PM Software here: https://www.projectmanager.com/?utm_source=youtube.com&utm_medium=social&utm_campaign=ProcessImprovementSixSigmaKaizenMethodologies Project managers are constantly looking for ways to improve the performance of the processes on their projects. That's why, in this brief but compelling video, ProjectManager.com Director Devin Deen shares the key points from the Six Sigma and Kaizen methodologies. See the video,and learn why the Six Sigma methodology and the Kaizen "change for the better" culture are the two most widely used process improvement methodologies for project management, in the world today. Subscribe to our YouTube Channel here: https://www.youtube.com/user/projectmanagervideos Want to see another great video on project management methodologies? Check out Critical Chain Project Management vs. Critical Path. See it here: https://www.youtube.com/watch?v=mpc_FdAt75A
What Techniques Do Business Analysts Use?
 
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This KnowledgeKnugget™ (KK) is part of an eCourse "Business Analysis Defined". VIEW COURSE OUTLINE at http://businessanalysisexperts.com/product/video-course-business-analysis-defined/. Also available as Paperback or Kindle eBook at http://www.amazon.com/dp/B00K7MM50O/. DESCRIPTION: Although the field of IT Business Analysis offers great career opportunities for those seeking employment, some business analysis skills are essential for any adult in the business world today. For example, the task of defining the requirements for an IT solution is handed to Business Analysts as well as Subject Matter Experts, Developers, System Analysts, Product Owners, Project Managers, Line Managers, or any other business expert. Applying business analysis techniques to define their business needs results in much higher chances for a successful IT project. In this KnowledgeKnugget™ you will learn what business analysis techniques and tools are most commonly used around the world based on surveys of actual business analysts. This KnowledgeKnugget™ answers questions like: 1. What are the primary activities in business analysis? 2. What tools or techniques do they use? To view more IT requirements training, visit the Business Analysis Learning Store at http://businessanalysisexperts.com/business-analysis-training-store/. PARTIAL TRANSCRIPT: Business analysis is the process of studying a business or any other organization to identify business opportunities / problem areas and suggest potential solutions. A wide range of people with various titles, roles and responsibilities actually apply business analysis techniques within an organization. There are three fundamentally different flavors or levels of business analysis: 1. Strategic Business Analysis (aka Enterprise Analysis) (http://businessanalysisexperts.com/strategic-business-analysis/ ) 2. Tactical Business Analysis (http://businessanalysisexperts.com/tactical-business-analysis/) 3. Operational Business Analysis (http://businessanalysisexperts.com/operational-business-analysis/Operational Business Analysis) Strategic Business Analysis is the study of business visions, goals, objectives, and strategies of an organization or an organizational unit to identify the desired future. It encompasses the analysis of existing organizational structure, policies, politics, problems, opportunities, and application architecture to build a business case for change. This analysis employs business analysis techniques such as Variance Analysis, Feasibility Analysis, Force Field Analysis, Decision Analysis, and Key Performance Indicators to support senior management in the decision-making process. The primary outcome of this work is a set of defined, prioritized projects and initiatives that the organization will undertake to create the desired future. If the initiative includes the development of software using an Agile Software Development Methodology (SDM) (http://businessanalysisexperts.com/product/business-analysis-agile-methodologies/), strategic business analysis techniques identify themes and/or epics, and initiate a product backlog. Tactical Business Analysis is at the project or initiative level to flush out the details of the proposed solution and to ensure that it meets the needs of the business community. Commonly used business analysis techniques at this level include Stakeholder Identification (http://businessanalysisexperts.com/product/how-to-identify-stakeholders-it-projects/), Interviewing (http://businessanalysisexperts.com/product/requirements-elicitation-gathering-business-stakeholder-it-requirements/), Facilitation (http://businessanalysisexperts.com/product/how-to-facilitate-requirements-gathering-workshops/), Baselining, Coverage Matrices, MoSCoW Analysis (http://businessanalysisexperts.com/product/requirements-prioritization-two-simple-techniques/), Benchmarking, Business Rules Analysis, Change Management, Process and Data Modeling (http://businessanalysisexperts.com/product/business-data-modeling-informational-requirements/), and Functional Decomposition (http://businessanalysisexperts.com/product/video-course-exposing-functional-and-non-functional-requirements/). In an Agile environment, Tactical Business Analysis adds to the Product Backlog and/or Release Plans expressed in Themes, Business Epics, Architecture Epics, User Stories (http://businessanalysisexperts.com/product/video-course-writing-user-stories/), and User Story Epics. In a traditional setting, the primary outcome of Tactical Business Analysis is a set of textual and/or modeled Business and Stakeholder Requirements (http://businessanalysisexperts.com/product/video-course-writing-requirements/). ..........
Views: 293548 BA-EXPERTS
3 Business Process Modeling Case Studies
 
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Business process modeling is used by BAs and non-BAs alike to create lasting change in organizations. It’s how we actually make our ripple effect as business analysts. Today we get specific as I’m sharing 3 examples of some of our business analysts and to-be business analysts, and exactly how they applied business process modeling to change not only their organizations, but also the forward trajectory of their careers. Now, these people were all participants in our Business Process Analysis course, which we’re expanding into an updated Business Process Analysis & Improvement program. And if you are watching this video near the time we are first publishing it, we’re getting ready to host a live session – the last remaining live session for the year – and it will start on October 23, 2017. You can get a slice of that training completely free of charge (for a limited time). To register for the free training, visit: http://www.bridging-the-gap.com/FREEBPTRAINING Read more on the blog at: http://www.bridging-the-gap.com/business-process-modeling-case-studies/
Views: 5152 Bridging the Gap
Fishbone Diagram: Practical description with examples
 
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In this video, I have explained 2nd Quality Control tool i.e. Fishbone diagram in very detailed. I have also explained procedure in very easy way about how to create a Fishbone diagram on Flipchart or Whiteboard, in Microsoft Excel as well as in Minitab. Everything is with steps, snapshots and examples, which will be very easy to understand. I am sure, you will liked it.
Views: 31468 LEARN & APPLY
5 tips to improve your critical thinking - Samantha Agoos
 
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View full lesson: http://ed.ted.com/lessons/5-tips-to-improve-your-critical-thinking-samantha-agoos Every day, a sea of decisions stretches before us, and it’s impossible to make a perfect choice every time. But there are many ways to improve our chances — and one particularly effective technique is critical thinking. Samantha Agoos describes a 5-step process that may help you with any number of problems. Lesson by Samantha Agoos, animation by Nick Hilditch.
Views: 4319947 TED-Ed
CAPA | Correction | Corrective Action | Preventive Action | WITH EXAMPLES - No confusion any more
 
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Confusion Cleared once & for all, on CAPA, Correction, Corrective Action, and preventive action training used as reference in organizations, and professionals alike. Contact for detailed discussions and road mapping the and customized LEARNING process for your organization at your venue.. Email - [email protected], Web- www.isocertificationtrainingcourse.org Telephone +91-9958869479 Corrective and preventive action (CAPA, also called corrective action / preventive action, or simply corrective action) are improvements to an organization's processes taken to eliminate causes of non-conformities or other undesirable situations.[1] CAPA is a concept within good manufacturing practice (GMP), Hazard Analysis and Critical Control Points/Hazard Analysis and Risk-based Preventive Controls (HACCP/HARPC) and numerous ISO business standards. It focuses on the systematic investigation of the root causes of identified problems or identified risks in an attempt to prevent their recurrence (for corrective action) or to prevent occurrence (for preventive action). Corrective actions are implemented in response to customer complaints, unacceptable levels of product non-conformance, issues identified during an internal audit, or adverse or unstable trends in product and process monitoring such as would be identified by statistical process control (SPC). Preventive actions are implemented in response to the identification of potential sources of non-conformity. To ensure that corrective and preventive actions are effective, the systematic investigation of the root causes of failure is pivotal. CAPA is part of the overall quality management system (QMS).
Views: 24333 ISO Training Institute
7 Step Problem Solving
 
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Are you facing a challenging situation at work? Ed Muzio, author of "Make Work Great" explains a 7 step solution to effective problem solving.
Views: 454662 BNETvideo
"How did you handle a difficult situation?" in Job Interview
 
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"Tell me about a difficult situation or challenge you faced in a workplace" By asking this question, employers are trying to see how you (A) take charge in handling a challenging situation, or (B) collaborate with your coworkers as a team to solve a conflict. They want to know if you have critical thinking and problem solving skill, how you approach the problem and the level of responsibility you take in challenging situations. It is very important to make sure that you use an example that demonstrates your ability to handle difficult situation. So do not mention about when you elevated the responsibility. Rather, talk about times when you stepped up and took a leadership position by collaborating with your coworkers. In order to construct effective story, use PAR model and follow the 3 steps. 1 Problem: Identify the problem. What was the issue? 2 Action: How did you and your coworkers analyzed the problem and took actions to solve the issue? 3 Result: What was the positive outcome in result of the action? By following PAR model, you can frame your story well. Watch the video to see example answer and start constructing your answer. Jobspeaker is a FREE service to help job seekers find better jobs. Login today!
Views: 608290 Jobspeaker
SWOT Analysis & TOWS Analysis with Examples
 
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In this video, I am explaining another very important tool in DEFINE phase i.e. SWOT analysis, acronym for Strengths, Weaknesses, Opportunities, and Threats. By using this tool, it forces team to think about the process or business, in a complete new way. We must carry out TOWS analysis after SWOT analysis, which is missed in many practical cases. I have explained importance of it in this video. A SWOT analysis is helping us to develop a strong business strategy by making sure that we have considered all of our business’s Strengths and Weaknesses, as well as the Opportunities and Threats in the marketplace. I have explained this concept with practical example which is very easy to understand. I have also explained a TOWS analysis, which is an extension of SWOT analysis and most important for developing strategies. I have explained all TOWS strategies also with practical examples. I am sure you will like it.
Views: 6879 LEARN & APPLY
ARMA(1,1) processes - introduction and examples
 
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In this video I explain what is meant by an ARMA(1,1) process, and provide a couple of examples of processes which could be modelled as thus. Check out http://www.oxbridge-tutor.co.uk/undergraduate-econometrics-course for course materials, and information regarding updates on each of the courses. Check out https://ben-lambert.com/econometrics-course-problem-sets-and-data/ for course materials, and information regarding updates on each of the courses. Quite excitingly (for me at least), I am about to publish a whole series of new videos on Bayesian statistics on youtube. See here for information: https://ben-lambert.com/bayesian/ Accompanying this series, there will be a book: https://www.amazon.co.uk/gp/product/1473916364/ref=pe_3140701_247401851_em_1p_0_ti
Views: 87327 Ben Lambert
Software Development Lifecycle in 9 minutes!
 
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This video will cover the SDLC with specific focus on the software quality assurance testing phase. http://www.testaholic.net/understanding-the-software-development-life-cycle
Views: 307920 Testaholic
Adapting the ITIL Process Map to your Organization - Examples
 
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The ITIL Process Map provides you with a set of ITIL templates plus the means to adapt the process diagrams to your own organization's needs. Three examples illustrate some techniques for working with the Visio ITIL templates, including the usage of a simple Excel Repository for managing all central object information of the ITIL reference process model. Learn how to adapt the pre-configured ITIL best practice templates to the requirements of your organization! For more information about the ITIL Process Map, check out the link below: ► https://en.it-processmaps.com/products/itil-process-map.html The ITIL Excel repository feature - How to store and manage the objects of the ITIL process model in a simple Excel table: ► https://en.it-processmaps.com/products/visio-excel-repository.html IT Process Maps YouTube Channel: ▲ https://www.youtube.com/user/itprocessmaps Video (Deutsch): ► https://youtu.be/RabII2Rm03Q _____ ITIL® is a registered trade mark of AXELOS Limited. "Microsoft®", "Excel®" and "Visio®" are registered trademarks of Microsoft Corp.
Views: 1074 ITIL Process Map
Six Sigma: Root Cause Analysis Examples
 
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Examples showing how to apply various tools to perform a Root Cause Analysis. You can get products to help yourself with similar root cause analysis problems at http://bit.ly/2jyMt3C. ----- Links: PMG Results Website: https://www.pmgresults.com/ Have a Question? https://www.pmgresutls.com/contact/ QuikSigma Software Perpetual Licencse: http://bit.ly/2mxagk2 Basic Green Belt Certification: http://bit.ly/2mx5Ycw Advanced Green Belt Certification: http://bit.ly/2nhg8Os Black Belt Certification: http://bit.ly/2mV6Z0z ----- Basic Principles of Root Cause Analysis 00:13 Five whys 00:51 Variation Breakdown/Thought Map 1:52 Pareto Charts 4:02 Process Map, Cause and Effect Matrix, FMEA 4:25 Process Behavior Charts (Control Charts, I-MR Charts) 5:25 Data Mining, Exploratory Data Analysis (EDA) 6:40
Views: 118956 QuikSigma
The steps of the strategic planning process in under 15 minutes
 
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Contact us if you're looking for someone to facilitate your strategic planning session: http://www.smestrategy.net/strategic-planning-facilitator-and-facilitation-services If you want to learn the different steps to take when creating a strategic plan here is a simplified version that will take you less than 15 minutes to go over. For more strategic planning resources visit http://www.smestrategy.net Take our video course and learn how to run all the steps in the planning process and create your own strategic plan. PLUS, get access to All of our workbooks and templates. www.smestrategy.net/strategic-planning-starter-kit
Views: 189492 SME Strategy Consulting
The Scientific Method: Steps, Examples, Tips and Exercise
 
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The scientific method is an important tool to solve problems and learn from our observations. Thanks to our donors who made this video possible. To gift a video or support our channel visit http://patreon.com/sprouts Other good videos about the method: https://www.youtube.com/watch?v=3MRHcYtZjFY https://www.youtube.com/watch?v=SMGRe824kak Read the full script here: http://drawing.normalpage.com/post/scientific-method-Bg0b$utq4
Views: 159674 Sprouts
Qualitative analysis of interview data: A step-by-step guide
 
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The content applies to qualitative data analysis in general. Do not forget to share this Youtube link with your friends. The steps are also described in writing below (Click Show more): STEP 1, reading the transcripts 1.1. Browse through all transcripts, as a whole. 1.2. Make notes about your impressions. 1.3. Read the transcripts again, one by one. 1.4. Read very carefully, line by line. STEP 2, labeling relevant pieces 2.1. Label relevant words, phrases, sentences, or sections. 2.2. Labels can be about actions, activities, concepts, differences, opinions, processes, or whatever you think is relevant. 2.3. You might decide that something is relevant to code because: *it is repeated in several places; *the interviewee explicitly states that it is important; *you have read about something similar in reports, e.g. scientific articles; *it reminds you of a theory or a concept; *or for some other reason that you think is relevant. You can use preconceived theories and concepts, be open-minded, aim for a description of things that are superficial, or aim for a conceptualization of underlying patterns. It is all up to you. It is your study and your choice of methodology. You are the interpreter and these phenomena are highlighted because you consider them important. Just make sure that you tell your reader about your methodology, under the heading Method. Be unbiased, stay close to the data, i.e. the transcripts, and do not hesitate to code plenty of phenomena. You can have lots of codes, even hundreds. STEP 3, decide which codes are the most important, and create categories by bringing several codes together 3.1. Go through all the codes created in the previous step. Read them, with a pen in your hand. 3.2. You can create new codes by combining two or more codes. 3.3. You do not have to use all the codes that you created in the previous step. 3.4. In fact, many of these initial codes can now be dropped. 3.5. Keep the codes that you think are important and group them together in the way you want. 3.6. Create categories. (You can call them themes if you want.) 3.7. The categories do not have to be of the same type. They can be about objects, processes, differences, or whatever. 3.8. Be unbiased, creative and open-minded. 3.9. Your work now, compared to the previous steps, is on a more general, abstract level. You are conceptualizing your data. STEP 4, label categories and decide which are the most relevant and how they are connected to each other 4.1. Label the categories. Here are some examples: Adaptation (Category) Updating rulebook (sub-category) Changing schedule (sub-category) New routines (sub-category) Seeking information (Category) Talking to colleagues (sub-category) Reading journals (sub-category) Attending meetings (sub-category) Problem solving (Category) Locate and fix problems fast (sub-category) Quick alarm systems (sub-category) 4.2. Describe the connections between them. 4.3. The categories and the connections are the main result of your study. It is new knowledge about the world, from the perspective of the participants in your study. STEP 5, some options 5.1. Decide if there is a hierarchy among the categories. 5.2. Decide if one category is more important than the other. 5.3. Draw a figure to summarize your results. STEP 6, write up your results 6.1. Under the heading Results, describe the categories and how they are connected. Use a neutral voice, and do not interpret your results. 6.2. Under the heading Discussion, write out your interpretations and discuss your results. Interpret the results in light of, for example: *results from similar, previous studies published in relevant scientific journals; *theories or concepts from your field; *other relevant aspects. STEP 7 Ending remark Nb: it is also OK not to divide the data into segments. Narrative analysis of interview transcripts, for example, does not rely on the fragmentation of the interview data. (Narrative analysis is not discussed in this tutorial.) Further, I have assumed that your task is to make sense of a lot of unstructured data, i.e. that you have qualitative data in the form of interview transcripts. However, remember that most of the things I have said in this tutorial are basic, and also apply to qualitative analysis in general. You can use the steps described in this tutorial to analyze: *notes from participatory observations; *documents; *web pages; *or other types of qualitative data. STEP 8 Suggested reading Alan Bryman's book: 'Social Research Methods' published by Oxford University Press. Steinar Kvale's and Svend Brinkmann's book 'InterViews: Learning the Craft of Qualitative Research Interviewing' published by SAGE. Text and video (including audio) © Kent Löfgren, Sweden
Views: 691216 Kent Löfgren
Real World Examples - Business Process Improvement
 
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Full webinars available on-demand here: https://ultraconsultants.com/erp-education/on-demand-webinars/ In the face of merger and acquisition activity, what’s key to consider when it comes to assessing IT strategies around Enterprise Resource Planning (ERP) systems? Does the enterprise technology platform deliver value? Will the technology scale to accommodate growth or reorganization? Attendees will leave the session with top insights to put into place when evaluating IT strategies during merger and acquisition activities. 5 Key Takeaways • Attendees will gain insight to fully understand the ROI of improved business processes throughout an organization. • The importance of looking at maturity of systems, measuring capabilities against the industry. • Proven methodologies to assess current state reviews and future state targets. • Key selection criteria when evaluating technology vendors. • A real-world scenario of the steps to take when conducting “due diligence” as related to enterprise systems. Subscribe to our channel stay current on industry best practices. More questions? We're here to help. You can reach us here: https://ultraconsultants.com/contact/ Ultra Consultants Website: https://ultraconsultants.com/ Ultra Consultants Independent ERP Services https://ultraconsultants.com/services/ Playlist: Independent ERP Consultant Corner https://www.youtube.com/playlist?list=PLYiKOmGs2eiBI4ykyrSclLzIhBvuc54-7 Playlist: ERP Best Practice Webinars https://www.youtube.com/playlist?list=PLYiKOmGs2eiCz4f4cTiIp46ttNgTichG- Playlist: ERP Center of Excellence https://www.youtube.com/playlist?list=PLYiKOmGs2eiCjgyU1nJgvESbQ0F9XERiA Playlist: ERP Insights Forum https://www.youtube.com/playlist?list=PLYiKOmGs2eiB6fdj5ws10PID7j7Xs4gx Playlist: Ultra Thought Leadership https://www.youtube.com/playlist?list=PLYiKOmGs2eiBdAt5hH2a2esiei-RX1Yax Produced by: Kristen Renda , Ultra Consultants Presented by: Rich Sides, Ultra Consultants
Views: 224 Ultra Consultants
Innovation - Students of Product Design Episode1
 
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This series 'Students of Product Design' is aimed at anyone interested in the product design process. This first episode looks at innovation, how to innovate and how simply changing the structure of the brief can impact on how innovative you can be. This series won't just talk about stuff, the plan is to share with you as many of the things I have learnt in the last 15 years (or so..) as possible through each stage of the design process to help you become far better designers than I can ever be. I'll be looking at research, sketching, model making, portfolios and a whole load of other things. I often think of youtube as a speed learning tool. Have you ever seen the Matrix films where Neo first learns martial arts by uploading a programme to his head or Trinity learns to fly a helicopter in minutes, that's how I see Youtube, Youtube is our version of the Matrix. So this series which is primarily aimed at students studying industrial design, product design or design engineering in university is designed to do just that, give you a knowledge boost to hopefully make your projects, designs, presentations and portfolio a lot better to improve your chances of getting a position as a designer, or your projects if you want to start your own company, anything related to design. I also hope with the content, that everyone will be able to take something away from it as many of the tips I'll give over the course of this series will be applicable to lots of areas of life. There's just isn't enough out there on product design, compared to say cookery shows it's very under provisioned and so I'm trying to redress the balance. I have a lot more planned, so please be patient, stay tuned and follow me, so that you can be alerted to when the next video is launched. www.producttank.co.uk
Views: 319347 producttank
SWOT Analysis - What is SWOT? Definition, Examples and How to Do a SWOT Analysis
 
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SWOT stands for strengths, weaknesses, opportunities, and threats. Strengths and weaknesses are internal factors and opportunities and threats are external factors. A SWOT diagram analyzes a project or business venture by focusing on each of these factors. It typically consists of four boxes, one for each area, but the exact shape may vary depending on the design. Learn more https://www.smartdraw.com/swot-analysis/?id=377675
Views: 22851 SmartDraw
Case Interview 101 - A great introduction to Consulting Case Study Interviews
 
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This is the very first #CaseInterview #preparation lesson every newbie should watch! This should act as a “home” and a “map” page for your #case interview #studying no matter where you are. The insights I am about to share with you are the results of years of experience in both #managementconsulting and in #case interview coaching. I have coached hundreds of candidates of various backgrounds from the brightest students of Harvard, Wharton to some real “newbies”. Regardless of background, many don’t have a good grasp of #Caseinterviewsbasics. Timestamps 1:35 What is a Case Interview? 1:52 What does the format of a case interview look like? 2:40 What is evaluated in a case interview? MECE, Frameworks and Hypotheses 7:44 The common flow of a case interview 8:32 How to prepare for a case interview? Visit our website for more DETAILED GUIDES on McKinsey PST, Case Interview and Consulting Math http://mconsultingprep.com/ McKinsey PST: https://mconsultingprep.com/problem-s... Consulting Math: https://mconsultingprep.com/consultin... Case Interview: https://mconsultingprep.com/case-inte... Case Interview Question Types:https://mconsultingprep.com/case-inte... Case Interview Prep Ebooks https://mconsultingprep.com/case-inte... Read 50+ posts on our blog for insider tips and tricks on McKinsey PST and Case Interview http://mconsultingprep.com/blog/ Help us reach 50,000 YouTube subscribers at https://goo.gl/ziBfQs and keep making everything available for free. Watch all of our VIDEOS on Youtube at https://goo.gl/ziBfQs McKinsey PST Prep Playlist https://www.youtube.com/playlist?list... Case Interview Prep Playlist https://www.youtube.com/playlist?list... LEARN MORE ABOUT OUR E2E SECRETS PROGRAM TO ACE THE CASE https://mconsultingprep.com/case-inte... JOIN US ON FACEBOOK https://facebook.com/MConsultingprep Hope to see you in the next video!
Views: 516652 MConsulting Prep
UML Use Case Diagram Tutorial
 
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Learn how to make Use Case Diagrams in this tutorial. Both beginners and intermediate UML diagrammers will find all the necessary training and examples on systems, actors, use cases, and include and extend relationships. UML Use Case Diagrams show a system or application; then they show the people, organizations, or other systems that interact with it; and finally, they show a basic flow of what the system or application does. This tutorial explains the four main characteristics of Use Case Diagrams: systems, actors, use cases, and relationships. A system is whatever you’re developing. It could be a website, a software component, a business process, an app, or any number of other things. You represent a system with a rectangle. The next aspect of Use Case Diagrams are actors. An actor is going to be someone or something that uses our system to achieve a goal, and they're represented by a stick figure. Use Cases are elements that really start to describe what the system does. They're depicted with an oval shape and they represent an action that accomplishes some sort of task within the system. The final element in Use Case Diagrams are relationships, which show how actors and use cases interact with each other. There are different types of relationships (like association, include, extend, and generalization) that are represented by varying types of lines and arrows. —— Learn more and sign up: http://www.lucidchart.com Follow us: Facebook: https://www.facebook.com/lucidchart Twitter: https://twitter.com/lucidchart Instagram: https://www.instagram.com/lucidchart LinkedIn: https://www.linkedin.com/company/lucidsoftware
Views: 484887 Lucidchart
Business Analyst Interview Questions and Answers – How to Really Sell Your BA Skills
 
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If you are preparing for your first business analyst job interview or if it’s been awhile since you’ve interviewed, you are probably wondering what questions you can expect and how to answer them. Interviewing for a business analyst job is very different than interviewing for a more technical or domain-focused role. In particular, what’s different is how you answer questions to position your skills to a potential employer. I’ve been on both sides of the business analyst job interview process multiple times – I’ve hired several BAs and, while I was contracting, I interviewed for several BA positions. In this video, I share my insider tips on how to prove you have the business analysis skills your employer wants to see in an interview. And here is the link to the free Interview Prep Guide I mention in the video: http://www.bridging-the-gap.com/prepare-for-ba-job-interview/ Read more on the blog now: http://www.bridging-the-gap.com/ba-interview-sell-skills/
Views: 101860 Bridging the Gap
Interviewing with McKinsey: Case study interview
 
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Learn what to expect during the case study interview. Hear what some recent hires did - and did not - do to prepare.
Views: 574527 McKinsey & Company
process capability and process capability index
 
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In this video, I explain the concepts of process capability and process capability index.
Views: 177191 Saravanan Kuppusamy
Examples of FMEA and RPN | Failure Mode Effect Analysis | Six Sigma Tutorials
 
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http://www.simplilearn.com/quality-management/six-sigma-green-belt-training?utm_campaign=videonamet&utm_medium=youtube&utm_source=youtube FMEA refers to Failure Mode Effect Analysis. It is basically a tool used during the analyze phase of Six Sigma. The purpose of this is to analyze the failure modes that may result in the failure of a process or deviates the process from delivering quality output. Basically studying the cause and the risk involved and plugging in the presentation measures for the controllable ones.
Views: 8469 Simplilearn
What is entropy? - Jeff Phillips
 
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View full lesson: http://ed.ted.com/lessons/what-is-entropy-jeff-phillips There’s a concept that’s crucial to chemistry and physics. It helps explain why physical processes go one way and not the other: why ice melts, why cream spreads in coffee, why air leaks out of a punctured tire. It’s entropy, and it’s notoriously difficult to wrap our heads around. Jeff Phillips gives a crash course on entropy. Lesson by Jeff Phillips, animation by Provincia Studio.
Views: 1414591 TED-Ed
IELTS Writing task 1: Pie chart lesson
 
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Learn how to describe Pie Charts in IELTS to receive a band 9. In this lesson you'll see: - sample question - step-by-step guide to write a band 9 answer - useful vocabulary You can find a text version of this lesson (+ online exercise) here: http://ielts-up.com/writing/pie-chart.html
Views: 1290353 IELTS-up Online lessons
Project Proposal Writing: How To Write A Winning Project Proposal
 
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Project proposal writing. Learn how to write a project proposal that gets your project funded. Try our award-winning PM software for free: https://www.projectmanager.com/?utm_source=youtube.com&utm_medium=social&utm_campaign=ProjectProposalWritingHowToWriteAWinningProjectProposal Struggling to write a proposal that "sells" your project? Can't work out why your brilliantly written and formatted proposals fail to engage the decision-makers that count? Watch as ProjectManager.com Director Devin Deen shares his winning project proposal writing tips with you in this short but compelling project management video on "how to write winning project proposals." Click the link below to claim your free 30-day trial of ProjectManager.com https://www.projectmanager.com/?utm_source=youtube.com&utm_medium=social&utm_campaign=ProjectProposalWritingHowToWriteAWinningProjectProposal Subscribe to our YouTube Channel here: https://www.youtube.com/user/projectmanagervideos New to project management? Watch Project Management For Beginners right here: https://www.youtube.com/watch?v=RT66tw1cKCA
What is PROCUREMENT? What does PROCUREMENT mean? PROCUREMENT meaning, definition & explanation
 
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I MAKE CUTE BABIES - https://amzn.to/2DqiynS What is PROCUREMENT? What does PROCUREMENT mean? PROCUREMENT meaning - PROCUREMENT pronunciation - PROCUREMENT definition - PROCUREMENT explanation - How to pronounce PROCUREMENT? Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Procurement is the act of finding, acquiring, buying goods, services or works from an external source, often via a tendering or competitive bidding process. The process is used to ensure the buyer receives goods, services or works the best possible price, when aspects such as quality, quantity, time, and location are compared. Corporations and public bodies often define processes intended to promote fair and open competition for their business while minimizing risk, such as exposure to fraud and collusion. Almost all purchasing decisions include factors such as delivery and handling, marginal benefit, and price fluctuations. Procurement generally involves making buying decisions under conditions of scarcity. If good data is available, it is good practice to make use of economic analysis methods such as cost-benefit analysis or cost-utility analysis. An important distinction should be made between analyses without risk and those with risk. Where risk is involved, either in the costs or the benefits, the concept of best value should be employed. Procurement activities are often split into two distinct categories, direct and indirect spend. Direct spend refers to production-related procurement that encompasses all items that are part of finished products, such as raw material, components and parts. The first category being direct, production-related procurement and the second being indirect, non-production-related procurement. Direct procurement, which is the focus in supply chain management, directly affects the production process of manufacturing firms. In contrast, indirect procurement activities concern “operating resources” that a company purchases to enable its operations. Indirect procurement comprises a wide variety of goods and services, from standardized items like office supplies and machine lubricants to complex and costly products and services;, like heavy equipment, consulting services, and outsourcing services. Procurement is one component of the broader concept of sourcing and acquisition. Typically procurement is viewed as more tactical in nature (the process of physically buying a product or service) and sourcing and acquisition are viewed as more strategic and encompassing. The Institute of Supply Management defines strategic sourcing as the process of identifying sources that could provide needed products or services for the acquiring organization. The term procurement used to reflect the entire purchasing process or cycle, and not just the tactical components. ISM defines procurement as an organizational function that includes specifications development, value analysis, supplier market research, negotiation, buying activities, contract administration, inventory control, traffic, receiving and stores. Purchasing refers to the major function of an organization that is responsible for acquisition of required materials, services and equipment. The United States Defense Acquisition University (DAU) defines procurement as the act of buying goods and services for the government. DAU defines acquisition as the conceptualization, initiation, design, development, test, contracting, production, deployment, Logistics Support (LS), modification, and disposal of weapons and other systems, supplies, or services (including construction) to satisfy Department of Defense needs, intended for use in or in support of military missions. Acquisition and sourcing are therefore much wider concepts than procurement. Multiple sourcing business models exist, and acquisition models exist.
Views: 66606 The Audiopedia
Thesis Statements: Four Steps to a Great Essay | 60second Recap®
 
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Thesis Statements: Four Steps to a Great Essay, using an example from "The Scarlet Letter" by Nathaniel Hawthorne | Excerpt from "How to Write an A+ Essay: A Step-by-Step Guide" by Jenny Sawyer. http://goo.gl/SpJhCS 0:01 Writing the thesis statement. Overview. 0:19 What you must do BEFORE you begin writing your thesis statement, 0:26 Sample assignment: from "The Scarlet Letter" by Nathaniel Hawthorne 0:37 Writing the thesis statement: Step One. Answer the question 1:08 Writing the thesis statement: Step Two. Refine your answer 2:10 Writing the thesis statement: Step Three. Choose the right supporting examples. 3:20 Writing the thesis statement: Step Four. Go Deeper! 3:40 Review of the sample assignment and the finalized thesis statement 4:07 Review of the four steps to a great thesis statement. ---------------------------------------------------------------------------------------------------------------------------------- "How to Write an A+ Essay: A Step-by-Step Guide to Acing Your Next Assignment" by Jenny Sawyer. At Amazon's Kindle Store... http://goo.gl/xobJFo WRITE AN A+ ESSAY: IT'S EASIER THAN YOU MIGHT THINK. I'm going to make a confession. I was a straight-A student in high school. I graduated summa cum laude from college. My senior thesis won the institution’s coveted essay-writing prize. Not thanks to raw brilliance, or dazzling talent. No, I knew how to write essays. You see, great essays aren’t necessarily written by the “best and brightest.” They're written by students who know the rules—from concept to thesis statement, from outline to final draft. Students who know how to get the best possible grade for the least amount of work. I’ll show you how you can, too. A STEP-BY-STEP GUIDE TO CONQUERING YOUR NEXT ESSAY ASSIGNMENT My name is Jenny Sawyer. Over the past five years, I’ve been the girl behind 60second Recap®. I've invested thousands of hours helping teens understand classic literature. I’ve answered countless emails seeking help with essay assignments. I’ve guided individual students, one-on-one, through the process of crafting thesis statements and writing essays, testing and refining the techniques I used when I was in school. Strategies I employed to nail essay after essay. Most people think A+ essays require hours of hard work. Or genius. I’d always had a hunch they’d thought wrong. Now, I'm certain of it: YOU DON’T HAVE TO BE A GENIUS TO WRITE AN A+ ESSAY I’ve read mediocre essays from brilliant students. Great essays from ordinary students. What sets those A+ essay-writing students apart? They know how to analyze the assignment to keep themselves on track. I’ll show you how you can, too. YOU DON’T NEED LONG HOURS TO WRITE AN A+ ESSAY The best essays rarely take the most time. In fact, some nearly write themselves. How? With the right kind of preparation: A+ essay-writing students organize their research and cut their workload by as much as half. I’ll show you how you can, too. FORMULAS ARE NEVER THE ANSWER, BUT... A+ essays are never formulaic. But they have a lot in commont. A+ essays start strong with crisp, provocative thesis statements. A+ essays support those thesis statements with well-chosen examples and tightly-reasoned arguments—the hallmarks of persuasive writing. A+ essays finish strong, with conclusions that locked the reader into agreement with the essay’s thesis. A+ essays are written by students working from a simple framework: the five-paragraph essay format. I’ll show you how you can, too. DON’T BE INTIMIDATED: IT’S A HEAD GAME, YOU KNOW Ready to supercharge your essay-writing process? You can when you “think like a prosecutor.” I'll show you how. I’ll also reveal the courtroom “trick” you can use to save yourself time and trouble while you craft a great thesis statement. You'll see how you can use the strategies of a criminal trial to speed you through each step of the essay-writing process, from the organization of your research, to the writing of your thesis statement, to the polish of your final draft. It’s the first time I’ve ever set this strategy to paper. Now it’s all here for you, just a click away. YOUR A+ AWAITS. CLICK THIS LINK http://goo.gl/xobJFo AND GRAB YOUR COPY OF MY STEP-BY-STEP GUIDE TO ESSAY MASTERY
Views: 697604 60second Recap®
Zero Based Budgeting: Definition & Process |Advantages or disadvantages/ Examples👍
 
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What is Zero-Based Budgeting: Definition & Process |Advantages or disadvantages/ Examples #Zero Based #Budgeting, also called #ZBB, is the process of creating a budget from nothing without using the prior year’s budget or spending numbers. No activities are assumed to be untouchable. All expenses are judged and must be justified in order to remain in the budget. Zero-Based Budgeting Definition In another way to explain this concept, under Zero Based @Budget, managers are required to justify all budgeted expenditures, not just changes in the budget from the previous year. The baseline is zero rather than last year’s budget. ______________________________________________________ Speed Study Techniques- Top Selling Book "Don't Study Harder, Study SMARTER! Introducing The Speed Study System Anyone Can Use To Get Better Grades In Less Time And With Less Effort -Guaranteed!" Here is the link: https://bit.ly/2M1XNBW ________________________________ Also, Check More Videos: How to study effectively in school, college, and University ►1. https://www.youtube.com/watch?v=C4a8L9uSsPo How to get A+ in an accounting class? ►2. https://www.youtube.com/watch?v=A-M1r_KZmaM Basic Accounting 📕in 10 ⏱ minutes 🎯 👌 ►3. https://www.youtube.com/watch?v=7FKllB7SHDk ________________________________ Check out Playlist: Study Tips https://www.youtube.com/watch?v=C4a8L9uSsPo&list=PLomk7m_UNRFvzCy-FZZswukOsjRi-Xtqg ________________________________ Social engagement: ★Facebook:https://www.facebook.com/accountingPlusS/ Don't forget to subscribe us. Subscribe us: https://www.youtube.com/accountingplus ♥ We are waiting for your feedback in comments. ♥ ♥ Thanks ________________________________ Zero-based budgeting process There are a few different steps in zero-based budgeting to keep in mind. The process of zero-based budgeting follows the same basic steps: 1. Identify business goals 2. Develop and analyze new ways to achieve goals 3. Discover new ways to fund business processes 4. Prioritize funds Zero Based Budgeting advantages Resulting budget is well justified and aligned to strategy • Catalyzes broader collaboration across the organization • Supports cost reduction by avoiding automatic budget increases, often resulting in savings • Improves operational efficiency through rigorous challenging of assumptions Zero Based Budgeting Disadvantages There are also disadvantages to the application of Zero Based Budgeting: Time-consuming Sometimes the necessary expenditures are hard to define for managers as a result of which it becomes too time-consuming and exhaustive a process to arrive at a solid foundation with respect to the decision-making about the investment. Requires manpower This approach forces staff (especially managers) to justify every detail related to the expenditures. For instance, because the R&D department cannot completely underpin their intended innovation, this could have advantages for the budgeting of another department because they are able to justify their expenditures in great detail. Zero Based Budgeting requirements This financial management approach requires much documentation and justification. In addition to the total budget, the manager responsible must identify all expected expenditures and rank all of the activities according to their relevant importance and costs. The persons ultimately responsible (high-level managers) can make decisions about investments and budget cuts that can be justified at all times based on their supporting information and no immediate pre-financing as is the case in the traditional manner of budgeting. Zero Based Budgeting Application This type of budgeting usually occurs in the government and non-profit sectors. The philosophy behind Zero Based Budgeting is good. However, it should be noted that zero-based budgeting requires frequent reviews. In Zero Based Budgeting reviews are carried every year on account of the fact that it is a time-consuming and costly process. Interim reviews can be carried out but that is the organization’s choice with respect to time and priority. Zero-based budgeting example Let’s say you run a hair salon and sell shampoo and conditioner to customers. Last year, you purchased these products from another company for $30,000. You decide to use zero-based budgeting for the upcoming year. As you’re listing expenses, you realize you can make your own hair products for cheaper than the supplier’s price. Making your own products will save you $22,000. Reference: https://efinancemanagement.com/budgeting/zero-based https://www.myaccountingcourse.com/accounting-dictionary/zero-based-budgeting https://www2.deloitte.com/content/dam/Deloitte/us/Documents/process-and-operations/us-cons-zero-based-budgeting.pdf @Accounting #Budgeting #zero
Views: 8550 Accountingplus
What Is Risk Management In Projects?
 
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Watch this video to learn all about risk management in projects, as explained by a PMP. Try our Award-Winning PM Software for free: https://www.projectmanager.com/?utm_source=youtube.com&utm_medium=social&utm_campaign=WhatIsRiskManagementInProjects What is risk management? How is risk management in projects defined? What role does the Triple Constraint play in project management? These questions centered around risk management in projects are all answered in this brief video hosted by Director, Jennifer Whitt. Be sure to WATCH THE ENTIRE VIDEO and learn exactly what project risk management is, along with how and when to apply it. Learn about the Triple Constraint and how elements of risk can affect the scope, quality cost or time of a project. Jennifer also talks about the relationship between the project management plan and the risk management plan. What is entailed in the risk management plan? Basically, it's the (risk management) process or the determination of how to manage risk on the project. Risk management tools such as project management software, excel and templates are also a vital part of project risk management Plus, you'll learn about all the activities used to manage risk throughout the entire project. Want to know more? Watch this video on project risk management and then... Click the link below to CLAIM YOUR FREE 30 DAY TRIAL OF PROJECTMANAGER.COM https://www.projectmanager.com/?utm_source=youtube.com&utm_medium=social&utm_campaign=WhatIsRiskManagementInProjects SUBSCRIBE to our YouTube Channel here: https://www.youtube.com/user/projectmanagervideos
7S Model of McKinsey explained
 
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This webinar gives an outline of the 7S model of McKinsey. It also explaines how to use the model in practise. The model is very usefull for the internal analysis and works complementary with the value chain of Porter. If you have any suggestions for other models which you would like to have explained, please leave them in the comment section below. You might also like my other video's: 6 Steps of marketing planning: https://youtu.be/v99uQvI4AiM Michael Porter's Generic Strategies explained: https://youtu.be/Nz53CopmFig Treacy & Wiersema's Value strategies explained: https://youtu.be/NtuArGXUP9Y The Value Chain of Porter explained: https://youtu.be/aERoUQwvQyk Abell's business definition explained: https://youtu.be/bnJobEbh4Ts Michael Porter's 5 Forces model explained: https://youtu.be/33XmkfbzwO8 The BCG Model explained: https://youtu.be/tKO5TpR2UwE Please subscribe to my channel for future webinars and like this video if it is valuable for you!
Views: 71767 Pepijn Schoemaker
What is Agile?
 
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This short cartoon answers the question "What Is Agile?" and will give you the background to understand the Agile principles and values and how they can help you and your team work together more efficiently. If you'd like a free book on this topic, please see below... https://mailchi.mp/326ba47ba2e8/agile-list I've published a book called "Starting Agile" that is designed to help you start your team's Agile journey outright. You can buy a copy from Amazon, but I'm giving free copies away to my subscribers from YouTube. You can signup for a copy at the link above. If you'd like to connect with me on LinkedIn you can find me at the link below. Just send me a message saying hello and that you found me from one of my videos: https://www.linkedin.com/in/markshead
Views: 1015725 Mark Shead
What is ENVIRONMENTAL SCANNING? What does ENVIRONMENTAL SCANNING mean?
 
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I MAKE CUTE BABIES - https://amzn.to/2DqiynS What is ENVIRONMENTAL SCANNING? What does ENVIRONMENTAL SCANNING mean? ENVIRONMENTAL SCANNING meaning - ENVIRONMENTAL SCANNING definition - ENVIRONMENTAL SCANNING explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Environmental scanning is one of the essential components of the global environmental analysis. Environmental monitoring, environmental forecasting and environmental assessment complete the global environmental analysis. The global environment refers to the macro environment which comprises industries, markets, companies, clients and competitors. Consequently, there exist corresponding analyses on the micro-level. Suppliers, customers and competitors representing the micro environment of a company are analyzed within the industry analysis. Environmental scanning can be defined as ‘the study and interpretation of the political, economic, social and technological events and trends which influence a business, an industry or even a total market’. The factors which need to be considered for environmental scanning are events, trends, issues and expectations of the different interest groups. Issues are often forerunners of trend breaks. A trend break could be a value shift in society, a technological innovation that might be permanent or a paradigm change. Issues are less deep-seated and can be 'a temporary short-lived reaction to a social phenomenon'. A trend can be defined as an ‘environmental phenomenon that has adopted a structural character’. Environmental Scanning is an ongoing process and organizations are always refining the way their particular company or business goes through the process. Environmental scanning reinforces productive strategic plans and policies that can be implemented to make the organization get the maximum use of the business environment they are in. Environmental scanning not only helps the business find its strengths in its current environment but it also finds the weakness of competitors, identifies new markets, potential customers and up and coming technological platforms and devices that can be best used to sell/market the product or service. Environmental Scanning helps a business improve their decision-making process in times of risk to the external and internal environments the business is in. When scanning the environment, the organization need to look at all the influences of the company. The scanning process makes the organization aware of what the business environment is about. It allows the organization to adapt and learn from that environment. When the company responds to an environmental scanning process it allows them to easily respond and react to any changes to both the internal and external business environment. Environmental scanning is a useful for strategic management as it helps them to create and develop the aims and objectives of the company which assists with the production of the company or organization. When looking at the weaknesses of the organization’s placing in the current business environment a formal environmental scanning is used. A common formal environmental scanning process has five steps. The five steps are fundamental in the achievement of each step and may develop each other in some form: 1. The first step of the environmental scanning process requires the identification of the needs and the issues that have occurred that caused the organization to decide an environmental scanning is required. Before starting the process there are several factors that need to be considered which include the purpose of the scanning, who will be participating in the processes and the amount of time and the resources that will be allocated for the duration of the scanning process. 2. The second step of the scanning process is gathering the information. All the needs of the organization are translated into required pieces of information that will be useful in the process. 3. The third steps analyzing all the information that the business have collected. When analyzing the information organizations are made aware of the trends or issues that the organizations may be influenced by. 4. The step four of the environmental scanning process is all about the communication of the results obtained in step three. The appropriate decision makers analyze the translated information of the potential effects of the organization. All the information is presented in a simple and concise format 5. With all the information obtained from steps three and four, step five is all about making informed decisions.
Views: 17776 The Audiopedia
The First Principles Method Explained by Elon Musk
 
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Interview by Kevin Rose The benefit of "first principles" thinking? It allows you to innovate in clear leaps, rather than building small improvements onto something that already exists. Musk gives an example of the first automobile. While everyone else was trying to improve horse-drawn carriages, someone looked at the fundamentals of transportation and the combustion engine in order to create a car. Naturally Musk does give one warning about using first principles for innovating however, "it takes a lot more mental energy."
Views: 267068 innomind
Best Way to Answer Behavioral Interview Questions
 
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Watch Don answer sample Behavioral questions. Learn how to answer behavioral interview questions using the STAR Formula. Employers love asking behavioral questions during the interview process because this type of questioning will does a better job of revealing your core competencies and is a great indicator of how well you'll be able to perform this job. Behavioral questions can be answered using the STAR formula and in this video, we break down the STAR formula and show you how to use it to your advantage to you are prepared to answer any behavioral question that comes your way. How to Answer Behavioral Interview Questions Using the STAR Formula STAR stands for: Situation – Task – Action - Result 1. First, describe a work related Situation or Task that you needed to accomplish, and be concise. 2. Then describe the Action you took. Don’t tell them what you might do or would do, you need to tell them what you did. 3. Finally, describe what happened -- the result. What did you accomplish? What did you learn? How much time or money did you save? And most importantly does your result solve the problem you described in step 1. That’s the formula for answering any behavioral question. Behavioral or competency-based interviews are simply a set of questions that ask you to talk about examples from your past work experience to help an interviewer figure out your strengths. Behavioral interviewers will look for the three parts (Problem, Action, Results) of your answer and take notes about how you answered the question. In this free program you’ll learn how to improve your interview performance with my simple step-by-step formula for interview success. To get the list of behavioral questions this video mentions, you need to register for this free program here: http://www.jobinterviewtools.com/advantage/ To download the complete interview answer guide go to http://www.jobinterviewtools.com
Views: 1290775 Don Georgevich
Absorption and Adsorption - Definition, Difference, Examples
 
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Absorption And Adsorption Adsorption is the adhesion of molecules of gas, liquid, or dissolved solids to a surface. This process creates a film of the adsorbate (the molecules or atoms being accumulated) on the surface of the adsorbent. It differs from absorption, in which a fluid permeates or is dissolved by a liquid or solid. The term sorption encompasses both processes, while desorption is the reverse of adsorption. Similar to surface tension, adsorption is a consequence of surface energy. In a bulk material, all the bonding requirements (be they ionic, covalent, or metallic) of the constituent atoms of the material are filled by other atoms in the material. However, atoms on the surface of the adsorbent are not wholly surrounded by other adsorbent atoms and therefore can attract adsorbates. The exact nature of the bonding depends on the details of the species involved, but the adsorption process is generally classified as physisorption (characteristic of weak van der Waals forces) or chemisorption (characteristic of covalent bonding). Adsorption is present in many natural physical, biological, and chemical systems, and is widely used in industrial applications such as activated charcoal, capturing and using waste heat to provide cold water for air conditioning and other process requirements (adsorption chillers), synthetic resins, increase storage capacity of carbide-derived carbons for tunable nanoporous carbon, and water purification. Adsorption, ion exchange, and chromatography are sorption processes in which certain adsorbates are selectively transferred from the fluid phase to the surface of insoluble, rigid particles suspended in a vessel or packed in a column. Check out for more info: http://www.tutorvista.com/content/biology/biology-iv/animal-nutrition/assimilation.php Follow us at: https://twitter.com/TutorVista https://www.facebook.com/tutorvista
Views: 494100 TutorVista
Random Variable and Process- Communication System, Important GATE questions
 
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GATE ACADEMY launches its products for GATE/ESE/UGC-NET aspirants. Postal study course - https://gateacademy.co.in/postalcourse.php Pen Drive and G Drive course - https://gateacademy.co.in/pendrivecourse.php Online Live Classes - https://gateacademy.co.in/liveclassroom.php Visit the above links for more information and pricing information. You can also contact us on - +91-9109192176 +91-9109183176 ----------------------------------------------------------------------------------------------------------- GATE ACADEMY launches its products for GATE/ESE/UGC-NET aspirants. Postal study course - https://gateacademy.co.in/postalcourse.php Pen Drive and G Drive course - https://gateacademy.co.in/pendrivecourse.php Online Live Classes - https://gateacademy.co.in/liveclassroom.php Visit the above links for more information and pricing information. You can also contact us on - +91-9109192176 +91-9109183176 ----------------------------------------------------------------------------------------------------------- Subject- Communication System Topic- Random variable and process Faculty- Mr. Saket Verma sir If you have any questions/queries you can either email us or post it in our closed facebook group made for GATE/ESE/PSU aspirants. Email id- [email protected] For more queries - https://www.facebook.com/groups/gateconcepts Facebook Page - https://www.facebook.com/gateacademy.official/
Views: 50517 GATE ACADEMY
What is VALUE ENGINEERING? What does VALUE ENGINEERING mean? VALUE ENGINEERING meaning & explanation
 
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I MAKE CUTE BABIES - https://amzn.to/2DqiynS What is VALUE ENGINEERING? What does VALUE ENGINEERING mean? VALUE ENGINEERING meaning - VALUE ENGINEERING definition - VALUE ENGINEERING explanation, Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Value engineering (VE) is a systematic method to improve the "value" of goods or products and services by using an examination of function. Value, as defined, is the ratio of function to cost. Value can therefore be increased by either improving the function or reducing the cost. It is a primary tenet of value engineering that basic functions be preserved and not be reduced as a consequence of pursuing value improvements. The reasoning behind value engineering is as follows: if marketers expect a product to become practically or stylistically obsolete within a specific length of time, they can design it to only last for that specific lifetime. The products could be built with higher-grade components, but with value engineering they are not because this would impose an unnecessary cost on the manufacturer, and to a limited extent also an increased cost on the purchaser. Value engineering will reduce these costs. A company will typically use the least expensive components that satisfy the product's lifetime projections. Due to the very short life spans, however, which is often a result of this "value engineering technique", planned obsolescence has become associated with product deterioration and inferior quality. Vance Packard once claimed this practice gave engineering as a whole a bad name, as it directed creative engineering energies toward short-term market ends. Philosophers such as Herbert Marcuse and Jacque Fresco have also criticized the economic and societal implications of this model. Value engineering began at General Electric Co. during World War II. Because of the war, there were shortages of skilled labour, raw materials, and component parts. Lawrence Miles, Jerry Leftow, and Harry Erlicher at G.E. looked for acceptable substitutes. They noticed that these substitutions often reduced costs, improved the product, or both. What started out as an accident of necessity was turned into a systematic process. They called their technique "value analysis". Value engineering is sometimes taught within the project management or industrial engineering body of knowledge as a technique in which the value of a system’s outputs is optimized by crafting a mix of performance (function) and costs. In most cases this practice identifies and removes unnecessary expenditures, thereby increasing the value for the manufacturer and/or their customers. VE follows a structured thought process that is based exclusively on "function", i.e. what something "does" not what it is. For example a screw driver that is being used to stir a can of paint has a "function" of mixing the contents of a paint can and not the original connotation of securing a screw into a screw-hole. In value engineering "functions" are always described in a two word abridgment consisting of an active verb and measurable noun (what is being done - the verb - and what it is being done to - the noun) and to do so in the most non-prescriptive way possible. In the screw driver and can of paint example, the most basic function would be "blend liquid" which is less prescriptive than "stir paint" which can be seen to limit the action (by stirring) and to limit the application (only considers paint). This is the basis of what value engineering refers to as "function analysis". Value engineering uses rational logic (a unique "how" - "why" questioning technique) and the analysis of function to identify relationships that increase value. It is considered a quantitative method similar to the scientific method, which focuses on hypothesis-conclusion approaches to test relationships, and operations research, which uses model building to identify predictive relationships.
Views: 22272 The Audiopedia
Writing the Literature Review (Part One): Step-by-Step Tutorial for Graduate Students
 
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Take the mystery out of this academic assignment. All you do is: (1) Gather the summaries of your sources. (2) Put the summaries in groups based on theme. (4) Write a paragraph on each group of sources with transitions between each source. 4. Add introduction and conclusion paragraphs. You're done! For examples of previously written literature reviews, see: http://libguides.uwf.edu/c.php?g=215199&p=1420828
Views: 1022418 David Taylor
How Does Ripple Work? Is It CENTRALIZED? A Simple Explanation With Examples!
 
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I finally took some time and did thorough research of Ripple just to see what its purpose is, how it works, and whether or not it's centralized (and if so, to what extent). I learned a lot about Ripple so I wanted to share with you my findings in this overview video with plenty of examples! Some high-level topics: - Ripple ledger, network, open-source consensus protocol - Real-time gross settlement, remittances, forex currency exchange - IOUs vs XRP for payment transactions - Banks and liquidity providers - XRP as a bridge currency (avoids counterparty risk) - Market maker definition and role - Consensus protocol and ledger - Centralization and balance freeze I hope this helps! P.s. I do not own any Ripple, nor am I a shill for it! ******************************************** Hey everyone, thanks for watching. If you enjoyed this video please give me a LIKE and SUBSCRIBE to catch all my future content. If you have any questions definitely leave me a comment below and I’ll try my best to get back to you! Disclaimer: I am not an official investment advisor - everything I say is purely my opinion. Some of my videos are sponsored, those will be clearly marked by YouTube. If you’re dealing with a new process it’s always RECOMMENDED to try out the whole process end-to-end with a smaller amount before you move the bulk of it. If you want to sign up for various exchanges, you can use my referral code for bonuses. I use all of these exchanges and recommend them: Coinbase/GDAX: https://www.coinbase.com/join/5925a6f5f35ce600bcd082d2 Binance: https://www.binance.com/?ref=11165323 Kucoin: https://www.kucoin.com/#/?r=1KRQ5QR Changelly: https://changelly.com/?ref_id=38a4c94cf5c4 Cryptopia: https://www.cryptopia.co.nz/Register?referrer=stellarowl12 Also be sure to check out our communities: Facebook (Main Group): https://www.facebook.com/groups/cryptoforbeginners/ Facebook (Trading): https://www.facebook.com/groups/tradingforbeginners/ Facebook (Mining): https://www.facebook.com/groups/miningforbeginners/ Facebook (ICOs): https://www.facebook.com/groups/icoforbeginners/ Steemit: https://steemit.com/@btcforbeginners Instagram: https://www.instagram.com/btcforbeginners/ Twitter: https://twitter.com/btcforbeginners/ Intro Music Credits: ‘Soaring Intro A” Jay Man – OurMusicBox http://www.youtube.com/c/ourmusicbox
Views: 10374 Bitcoin for Beginners
Globalization explained (explainity® explainer video)
 
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Globalization is a topic that is often debated controversally. It concerns all of us, but what exactly is globalization and what is its impact on every single one of us? explainity tackles exactly this question and gives some answers in this short clip. Script download: www.explainity.com/education-project/transskripte/ ------- This explainer video was produced by explainity GmbH Homepage: www.explainity.com E-Mail: [email protected] This explanatory film was produced and published for private, non-commercial use and may be used free of charge in this context for private purposes without consultation or written authorization. Please note, however, that neither the content nor the graphics of this explanatory film may be altered in any way. Please always give explainity as the source when using the film, and if you publish it on the internet, provide a reference to www.explainity.com. For commercial use or use for training purposes, such as projection of the film at training events (e.g. projection of the film as a teaching aid in school or in adult education), a licence is required. Further information on this subject will be found here: https://www.explainity.com/education-project If you are interested in an own explainity explainer video, visit our website www.explainity.com and contact us. We are looking forward to your inquiry.
Views: 1342830 explainitychannel
Types of Data: Nominal, Ordinal, Interval/Ratio - Statistics Help
 
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The kind of graph and analysis we can do with specific data is related to the type of data it is. In this video we explain the different levels of data, with examples. Subtitles in English and Spanish.
Views: 822569 Dr Nic's Maths and Stats
How to write a literature review
 
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How to write a literature review. It’s easier than you might think! In this video, I demonstrate how to search the literature and identify relevant papers for your literature review. I do a pubmed search using Boolean operators and MeSH terms (these are extremely powerful tools that will help you sift through the large number of academic papers out there). So if you’re doing a master’s thesis or a PhD, or you’re doing research and writing a paper, at some point, you’ll need to do a lit review. A big part of that review is the search and this video is going to help you get that right. You might be doing a systematic literature review or meta-analysis – again, you’ll need to do a good PubMed search that identifies the right studies. Thanks to BMC !!! ----------------------------- This video was sponsored by BMC – (click here to go to BMC: https://goo.gl/RFaUA2 ). As a pioneer of open access publishing, BMC has an evolving portfolio of high-quality peer-reviewed journals including broad interest titles such as BMC Biology and BMC Medicine, specialist journals such as Malaria Journal and Microbiome, and the BMC series. BMC is committed to continual innovation to better support the needs of research communities, ensuring the integrity of the research we publish, and championing the benefits of open research. BMC is part of Springer Nature, giving us greater opportunities to help authors connect and advance discoveries across the world. I’m particularly excited about having BMC’s support because I’ve been working with them for nearly 15 years as the Editor-in-Chief of the journal Globalization and Health. I’ve been extremely impressed by them as a company that has integrity and that is truly making the world a better place. LEARN MORE about literature reviews ------------------------------------------------------------ Of course, there is more to a literature review than just the search. You need to have a structured approach to selecting paper, extracting data, writing the review itself and creating a bibliography. For more detail on these aspects of a literature review, go to www.learnmore365.com where I have a full course on literature review (it takes about 30 minutes to complete). About this channel ------------------------------ This channel posts global health and public health teaching videos and videos about how to find the right job in global health. If you haven't already, please consider subscribing to this channel and becoming part of this community. SUBSCRIBE: -------------------- Click here: https://www.youtube.com/subscription_center?add_user=YourChannelNameHere LETS CONNECT: --------------------------- Twitter: @drgregmartin Linkedin: https://www.linkedin.com/in/drgregmartin/ Facebook: https://www.facebook.com/thisweekinglobalhealth/ SUPPORT THIS CHANNEL ----------------------------------------- Patreon: https://www.patreon.com/drgregmartin
Fourier analysis 3
 
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Fourier analysis of a periodic discontinuous function. The signal is then reconstructed with the first few harmonics. As the initial signal has discontinuities, the reconstruction process converges much slower than in the previous examples. It is an example of the Gibbs phenomenon (=ringing artefact). This animation is part of a joint article by Hajer Bahouri & François Vigneron about signal analysis (http://images.math.cnrs.fr/Analyse-frequentielle-du-signal.html).
Views: 39 Francois Vigneron
Michael Porter's 5 Forces model explained
 
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This webseminar explains the five forces model of Michael Porter. Also explained in this video how this model can be used in practice. If you have any suggestions for other models which you would like to have explained, please leave them in the comment section below. You might also like: 6 Steps of Marketing Planning: https://youtu.be/v99uQvI4AiM Michael Porter's Generic Strategies explained: https://youtu.be/Nz53CopmFig Treacy & Wiersema's Value strategies explained: https://youtu.be/NtuArGXUP9Y Ansoff's growth matrix explained: https://youtu.be/htp5YTvIymQ The Value Chain of Porter explained: https://youtu.be/aERoUQwvQyk The BCG Model explained: https://youtu.be/tKO5TpR2UwE 7S model of McKinsey: https://youtu.be/yGceFEDmtIM SWOT Analysis explained: https://youtu.be/bunYnEGaEvs Abell's Business Definition explained: https://youtu.be/pzKymyGLaBg MABA Portfolio analysis explained: https://youtu.be/dWWg2dPSfgI Please subscribe to my channel for future webinars and like this video if it is valuable for you!
Views: 296097 Pepijn Schoemaker
How To Beat Personality Tests In Job Interviews
 
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Feeling stuck in your job search? Not sure what's wrong? Check out Work It Daily's FREE tutorial on how to fix the things that could be holding you back in your job search: https://www.workitdaily.com/why-shut-out-hiring-process-youtube/ Employers judge job candidates in three key areas: personality, aptitude, and experience - in that order. As a result, some companies make candidates take personality tests during the hiring process to make sure they filter out candidates who might not be the best fit. If you’re intimidated by the thought of taking one of these personality tests, you’re not alone. But the best way to beat personality tests during the hiring process is to be prepared. And that’s what I’m here to help you with today! Let me start by explaining the types of tests employers could give you. 3 Basic Test Types: - Cognition and ability - Simulations and skills - Personality and other indicators Now, let’s get into why companies use these types of tests. Companies use them to… - Weed out ill-fitting applicants - Be objective - Overcome lying - Replace references - Reduce turnover Let’s practice really quickly. If you were given the following options, which would YOU choose? - I enjoy the thrill of meeting new people. - I like to be alone most of the time. - It’s hard for me to make conversation with people I don’t know. - I like being to center of attention. This is an example of a behavioral question. You need to think about the position you’re applying for and choose the answer that makes the most sense for the role. For example, if the position you’re applying for deals with cold calling and a lot of client interaction, then the employer will be looking for people who chose the answer “I enjoy the thrill of meeting new people.” While you want to be honest in these tests, you also need to keep in mind what answers they would be looking for a specific role. This leads me into ways you can prepare for these interviews. Tips for Success: - Do your homework - Be honest - Don’t be extreme - Ask questions: What is the test measuring? Is it going on file? Can I get the results? If you need more ideas for questions to asking during your interview, check out our video the 8 Smart Interview Questions To Ask Hiring Managers. https://www.youtube.com/watch?v=Y95eI-ek_E8 If you’re having a hard time even getting interviews, I’ve got a free resource that could help address some issues that could be holding you back. You can get access to my free job search tutorial. It can change the way you approach job search so you can get on the right track for success. https://www.workitdaily.com/why-shut-out-hiring-process-youtube/ If you enjoyed today’s video, be sure to let us know in the comments. What did you find helpful? Do you have additional questions? Anything at all, we’d love to hear your thoughts. Click this link and get access to J.T. O'Donnell's FREE TUTORIAL on what it takes to remove the roadblocks to job search: https://www.workitdaily.com/why-shut-out-hiring-process-youtube/ And, if you want J.T. and her team to help you become a pro at interviewing, negotiating and more, then you need to check out our Premium Subscription: https://www.workitdaily.com/pricing/ Follow Work It Daily: https://www.workitdaily.com/ https://twitter.com/workitdaily?lang=en https://www.facebook.com/groups/WorkItDaily https://www.facebook.com/WorkItDaily/ #Interview #InterviewTips #JobSearch
Views: 90101 Work It Daily
Intro to Hypothesis Testing in Statistics - Hypothesis Testing Statistics Problems & Examples
 
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Get the full course at: http://www.MathTutorDVD.com The student will learn the big picture of what a hypothesis test is in statistics. We will discuss terms such as the null hypothesis, the alternate hypothesis, statistical significance of a hypothesis test, and more. In this step-by-step statistics tutorial, the student will learn how to perform hypothesis testing in statistics by working examples and solved problems.
Views: 1225653 mathtutordvd
Technical Analysis: Simple examples of How it works
 
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I created this video with the YouTube Video Editor (http://www.youtube.com/editor)
Views: 262 alwin ng

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