Loss Function Toolkit

Save time, empower your teams and effectively upgrade your processes with access to this practical Loss Function Toolkit and guide. Address common challenges with best-practice templates, step-by-step work plans and maturity diagnostics for any Loss Function related project.

Download the Toolkit and in Three Steps you will be guided from idea to implementation results.

The Toolkit contains the following practical and powerful enablers with new and updated Loss Function specific requirements:

STEP 1: Get your bearings

Start with...


• The latest quick edition of the Loss Function Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.


Organized in a data driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…


• Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation


Then find your goals...

STEP 2: Set concrete goals, tasks, dates and numbers you can track

Featuring 989 new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which Loss Function improvements can be made.

Examples; 10 of the 989 standard requirements:


1. When multiple product classifications are managed under one and the same asset classification, are the profits and losses allocated in accordance with the Allocation Standards?
   
   

2. Is it valid to base buying decisions on benchmarks that only measure one aspect of the processor or are more heavily weighted toward a single, rarely used application?
   
   

3. Can natural language processing be used to enable technologically average individuals to engage meaningfully and effectively with network security appliances?
   
   

4. How are the pre tax and after tax returns of the weighted average of the underlying manager portfolios as well as that of the central portfolio calculated?
   
   

5. Which approaches place quantitative and qualitative factors on the same scale, developing a weighted score for each location alternative?
   
   

6. How does the amount of missingness affect results obtained from the imputation procedure in a logistic regression or prediction context?
   
   

7. Can password examples and multiple input during the password-generation improve subsequent recall and input of robust passwords?
   
   

8. What are the key challenges of implementing a robust strategy for utilizing Big Data in the engineering and testing environment?
   
   

9. Does the server application software support and provide robust performance in a multi site, mid tier user environment?
   
   

10. Is there a robust, multi objective optimization solution for contract labor, given a forecasted project schedule?
    
    


Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:


• The workbook is the latest in-depth complete edition of the Loss Function book in PDF containing 989 requirements, which criteria correspond to the criteria in...


Your Loss Function self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:


• The Self-Assessment Excel Dashboard; with the Loss Function Self-Assessment and Scorecard you will develop a clear picture of which Loss Function areas need attention, which requirements you should focus on and who will be responsible for them:
  
  


• Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix

• Gives you a professional Dashboard to guide and perform a thorough Loss Function Self-Assessment

• Is secure: Ensures offline data protection of your Self-Assessment results

• Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:



STEP 3: Implement, Track, follow up and revise strategy

The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage Loss Function projects with the 62 implementation resources:


• 62 step-by-step Loss Function Project Management Form Templates covering over 1500 Loss Function project requirements and success criteria:


Examples; 10 of the check box criteria:


1. Source Selection Criteria: Do you want to have them collaborate at subfactor level?
   
   

2. Procurement Audit: Is the chosen supplier part of your organizations database?
   
   

3. Schedule Management Plan: Are any non-compliance issues that exist due to your organizations practices communicated to your organization?
   
   

4. Responsibility Assignment Matrix: What are some important Loss Function project communications management tools?
   
   

5. Schedule Management Plan: Is pert / critical path or equivalent methodology being used?
   
   

6. Roles and Responsibilities: Are Loss Function project team roles and responsibilities identified and documented?
   
   

7. Stakeholder Analysis Matrix: Participatory approach: how will key stakeholders participate in the Loss Function project?
   
   

8. Risk Audit: What expertise do auditors need to generate effective business-level risk assessments, and to what extent do auditors currently possess the already stated attributes?
   
   

9. Stakeholder Management Plan: What is the general purpose in defining responsibilities of the already stated affiliated with the Loss Function project?
   
   

10. Activity Duration Estimates: Will the new application negatively affect the current IT infrastructure?


 
Step-by-step and complete Loss Function Project Management Forms and Templates including check box criteria and templates.

1.0 Initiating Process Group:


• 1.1 Loss Function project Charter

• 1.2 Stakeholder Register

• 1.3 Stakeholder Analysis Matrix


2.0 Planning Process Group:


• 2.1 Loss Function project Management Plan

• 2.2 Scope Management Plan

• 2.3 Requirements Management Plan

• 2.4 Requirements Documentation

• 2.5 Requirements Traceability Matrix

• 2.6 Loss Function project Scope Statement

• 2.7 Assumption and Constraint Log

• 2.8 Work Breakdown Structure

• 2.9 WBS Dictionary

• 2.10 Schedule Management Plan

• 2.11 Activity List

• 2.12 Activity Attributes

• 2.13 Milestone List

• 2.14 Network Diagram

• 2.15 Activity Resource Requirements

• 2.16 Resource Breakdown Structure

• 2.17 Activity Duration Estimates

• 2.18 Duration Estimating Worksheet

• 2.19 Loss Function project Schedule

• 2.20 Cost Management Plan

• 2.21 Activity Cost Estimates

• 2.22 Cost Estimating Worksheet

• 2.23 Cost Baseline

• 2.24 Quality Management Plan

• 2.25 Quality Metrics

• 2.26 Process Improvement Plan

• 2.27 Responsibility Assignment Matrix

• 2.28 Roles and Responsibilities

• 2.29 Human Resource Management Plan

• 2.30 Communications Management Plan

• 2.31 Risk Management Plan

• 2.32 Risk Register

• 2.33 Probability and Impact Assessment

• 2.34 Probability and Impact Matrix

• 2.35 Risk Data Sheet

• 2.36 Procurement Management Plan

• 2.37 Source Selection Criteria

• 2.38 Stakeholder Management Plan

• 2.39 Change Management Plan


3.0 Executing Process Group:


• 3.1 Team Member Status Report

• 3.2 Change Request

• 3.3 Change Log

• 3.4 Decision Log

• 3.5 Quality Audit

• 3.6 Team Directory

• 3.7 Team Operating Agreement

• 3.8 Team Performance Assessment

• 3.9 Team Member Performance Assessment

• 3.10 Issue Log


4.0 Monitoring and Controlling Process Group:


• 4.1 Loss Function project Performance Report

• 4.2 Variance Analysis

• 4.3 Earned Value Status

• 4.4 Risk Audit

• 4.5 Contractor Status Report

• 4.6 Formal Acceptance


5.0 Closing Process Group:


• 5.1 Procurement Audit

• 5.2 Contract Close-Out

• 5.3 Loss Function project or Phase Close-Out

• 5.4 Lessons Learned


Results

With this Three Step process you will have all the tools you need for any Loss Function project with this in-depth Loss Function Toolkit.

In using the Toolkit you will be better able to:


• Diagnose Loss Function projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices

• Implement evidence-based best practice strategies aligned with overall goals

• Integrate recent advances in Loss Function and put process design strategies into practice according to best practice guidelines


Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role; In EVERY company, organization and department.

Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?'

This Toolkit empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make Loss Function investments work better.

This Loss Function All-Inclusive Toolkit enables You to be that person.

Includes lifetime updates

Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.