pareto_analysis_presentation

1.

Pareto Analysis in Project
Management
• Introduction to Pareto Analysis

2.

Principle of Pareto
• The 80/20 rule originated from an observation
by economist Vilfredo Pareto.

3.

Application in Project Management
• Helps focus on the 20% of tasks that provide
80% of results.

4.

Pareto Analysis Algorithm
• 1. Collect data
• 2. Classify factors
• 3. Create Pareto chart
• 4. Identify key factors.

5.

Example of Pareto Analysis
• 80% of software bugs come from 20% of the
code.

6.

Advantages
• 1. Saves resources
• 2. Reduces risks
• 3. Increases project efficiency.

7.

Disadvantages
• 1. Ignores interrelations between causes
• 2. Works only with quantitative data.

8.

Conclusion
• A powerful tool to improve project
management by focusing on critical aspects.