Information for "Pareto principle"

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Display titlePareto principle
Default sort keyPareto principle
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Page ID232068
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Page creatorimported>MainAI5
Date of page creation14:50, 6 February 2024
Latest editorimported>MainAI5
Date of latest edit14:50, 6 February 2024
Total number of edits1
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The Pareto principle states that for many outcomes, roughly 80% of consequences come from 20% of causes (the "vital few"). Other names for this principle are the 80/20 rule, the law of the vital few or the principle of factor sparsity. In 1941, management consultant Joseph M. Juran developed the concept...
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