If you want to buy the project management book mail [email protected]  for more details or call any of our book shops MUMBAI-22078296/97/022-22070989, KOLKATA-22826518/19 HYDERABAD-24756967,24756400,BANGALORE-25587923, 25584641,AHMEDABAD-26421611,BHATINA(PUNJAB)-2237387,CHENNAI-28410796,28550491,DELHI/NEWDELHI-23254990/91,23325760,26415092,24691288.If you want to write to the author directly email at [email protected]
 

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(B) What is Pareto principle?

Pareto principle also paraphrased as 80/20 principle is simple effective problem tackling way in management. It says that 20% of your problems lead to other 80 % of problems. So rather than concentrating on the 80% of problem if you concentrate on 20% of problems you can save lot of trouble. So in Pareto you analyze the problems and only concentrate on 20% of your vital problems.

If you look at the above fish bone diagram we have discussed all the root problem is due to only three reasons:-

• No tools are used.
• No process is defines.
• Many resignations.

So if we tackle these problems we can solve all the other problems.

If you want to buy the project management book mail [email protected]  for more details or call any of our book shops MUMBAI-22078296/97/022-22070989, KOLKATA-22826518/19 HYDERABAD-24756967,24756400,BANGALORE-25587923, 25584641,AHMEDABAD-26421611,BHATINA(PUNJAB)-2237387,CHENNAI-28410796,28550491,DELHI/NEWDELHI-23254990/91,23325760,26415092,24691288.If you want to write to the author directly email at [email protected]
 

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