To solve a problem, we must understand it. A lot of effective time and project management is understanding the root causes that lead to quality problems, or to increased time on a project. A Pareto Analysis is an approach for identifying, classifying and visualizing the causes driving a problem or variable. For example, what factors…
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The Pareto Principle, named for Italian economist Vilfredo Pareto, suggests that 80% of problems can be traced to as few as 20% of root causes. This can be valuable, even vital information when you are trying to figure out which of many problems to tackle first, or in a complicated troubleshooting environment. For example, you…
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