Project Smart ~ Exploring trends and developments in project management today

Pareto Principle

The 80/20 Rule

The value of the Pareto Principle for a project manager is that it reminds you to focus on the 20% of things that really matter on a project.

Pareto principle icon
Calendar iconNot recorded

Pareto Analysis Step by Step

Pareto Analysis or the 80/20 rule enables you to see what 20 percent of cases are causing 80 percent of the problems on a project.

Calendar iconNot recorded

Pareto Charts

Pareto charts can be used to identify problems to work on. They can help you produce greater efficiency, conserve materials, reduce costs or increase safety.

Calendar iconNot recorded

Six Rules for Great IT Project Success

Now called the 80/20 Rule or the Pareto Principle, its application in the IT world is essential to project success.

Calendar iconNot recorded

The Non-Pareto Principle (PDF)

The Pareto principle has become deeply rooted in our industrial literature. It is a shorthand name for the phenomenon that in any population which contributes to a common effect, a relative few of the contributors account for the bulk of the effect.

80/20 Thinking is inherently optimistic because, paradoxically, it reveals a state of affairs that is seriously below what it should be. ~ Richard Koch

We tend to think of innovation as difficult, but with the creative use of The 80/20 Principle innovation can be both easy and fun! ~ Richard Koch

Every person I have known who has taken The 80/20 Principle, seriously has emerged with useful, in some cases life-changing insights. ~ Richard Koch

The 80/20 principle – that 80 percent of result flow from just 20 per cent of the causes – is the one true principle of highly effective people. ~ Richard Koch

Project Health Check

Will your project be a success? Find out in five minutes.

Start nowArrow

PROJECT SMART is the project management resource that helps managers at all levels improve their performance. We provide an important knowledge base for those involved in managing projects of all kinds. With weekly exclusive updates, we keep you in touch with the latest project management thinking.

WE ARE CONNECTED ~ Follow us on social media to get regular updates and opinion on what's happening in the world of project management.


Latest Comments

Aimee Windmiller-Wood commented on…
Top 10 Qualities of a Project Manager
- Thu 23 February 5:06am

Liam commented on…
High Anxiety: Managing Projects With Your Pants Down
- Fri 17 February 9:27pm

Daniela commented on…
Better Coaching Using the GROW Model
- Thu 2 February 3:21pm

Latest tweets

General Project Management • Help With My Project Management Dissertation https://t.co/EoVJgBqYum #projectsmart #pmot about 4 days ago

General Project Management • Prince2 Advice https://t.co/pP7mAnGTJP #projectsmart #pmot about 5 days ago

General Project Management • Re: Interview Help 30-60-90 Plan https://t.co/BNA7TTqz1I #projectsmart #pmot about 5 days ago