brewings ([info]brewings) wrote,
@ 2006-04-12 23:29:00
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Current mood: exhausted

today's application of the Pareto principle
The Pareto principle (also known as the 80-20 rule) states that for many phenomena, 80% of the consequences stem from 20% of the causes. The principle was suggested by management thinker Joseph M. Juran. It was named after the Italian economist Vilfredo Pareto, who observed that 80% of income in Italy was received by 20% of the Italian population.

Today's application: 80% of work is done in the last 20% of the remaining time until the deadline... (no, I'm lying - it's really more like in the last 5% of the remaining time).

Is it sad or impressive that I have done more in the last week than in the last six months? {Yes, this was a rhetorical question...}




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[info]akusasik
2006-04-25 06:47 pm UTC (link)
Also - thsi rule is reccurisive.
So 80% of the remaining 80% of work is done in the 20% of the remaining 20% of time. Etc.

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[info]brewings
2006-04-25 07:44 pm UTC (link)
that's pretty much what I've been doing since I got to university... or was it even before that? :)

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