Difference between revisions of "Gap Analysis"

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==Brief==
 
==Brief==
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[[File:Gap Analysis.png| Gap Analysis]]
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[[Gap Analysis]] is the process which involves the comparison of actual performance with [[Production Potential | potential]] or desired performance <ref name=wikipedia/>.
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Any difference between the actual performance and potential is identified as the '''performance gap'''.
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==Philosophy==
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<table width="100%" border="1" cellpadding="3" cellspacing="1">
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<tr>
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<th>Question</th>
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<th>Answer</th>
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<th>Action</th>
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</tr>
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<tr>
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<td>1. Where we now?</td>
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<td>Assess the current performance</td>
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<td>Measure. What gets measured get managed.</td>
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</tr>
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<tr>
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<td>2. Where we should be?</td>
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<td>Calculate the [[Production Potential | potential]]</td>
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<td>Identify the performance gaps</td>
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</tr>
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<tr>
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<td>3. What needs to be done to get there?</td>
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<td>Identify, rank and execute the [[Enhancement | Enhancements]]</td>
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<td>Close the performance gaps</td>
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</tr>
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</table>
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== References ==
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<references>
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<ref name= wikipedia>{{cite journal
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|title=Gap analysis at wikipedia.org
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|url=https://en.wikipedia.org/wiki/Gap_analysis
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}}</ref>
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</references>
  
 
[[Category:Enhancement List]]
 
[[Category:Enhancement List]]
 
[[Category:E&P Portal]]
 
[[Category:E&P Portal]]

Latest revision as of 06:20, 27 August 2020

Brief

Gap Analysis

Gap Analysis is the process which involves the comparison of actual performance with potential or desired performance [1].

Any difference between the actual performance and potential is identified as the performance gap.

Philosophy

Question Answer Action
1. Where we now? Assess the current performance Measure. What gets measured get managed.
2. Where we should be? Calculate the potential Identify the performance gaps
3. What needs to be done to get there? Identify, rank and execute the Enhancements Close the performance gaps

References