What is exception analysis?

Exception analysis is a method used to identify and investigate deviations from expected performance or outcomes in a process or system. By examining these exceptions, organizations can uncover underlying issues, inefficiencies, or anomalies that may require corrective actions. This analysis often involves comparing actual results against established standards or benchmarks, enabling organizations to enhance decision-making and improve overall performance. Ultimately, exception analysis aids in continuous improvement by providing insights into areas that need attention.