Tag: Pareto Chart

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…

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…