| 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...}
(Read 2 comments)
Post a comment in response:
![[info]](http://l-stat.livejournal.com/img/userinfo.gif){kind=small}
brewings) wrote,
