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The Pareto Principle: The 80-20 Rule Applied to Business Success

October 31, 2014 by Sandra Hinshelwood

Person holding black coffee mug with 80/20 number printed

The Pareto Principle or the “80-20 Rule” conveys that the 20 percent of something is deemed always responsible for 80 percent of the outcome. Interestingly, the Pareto Principle can be applied in a lot of fields, subjects or circumstances. For project managers, they are aware … [Read more...]

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