Problem Solving

First Principles

# What is Pareto Analysis?

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Pareto analysis is a prioritization activity based on the Pareto principle that predicts that 20% of your actions will produce 80% of results.

## Method

As a basic approach, you can list out all the actions that you can potentially take to reach a goal and then rank them according to impact. The Pareto principle predicts that the top 20% of items on a complete list will produce 80% of the results.

## Basis

The Pareto principle is popular in a number of fields because it can often be seen in observed data. For example, it is often said that 20% of customers represent 80% of profits.
 Overview: Pareto Analysis Function Time ManagementStrategyProject ManagementProductivity Value Prioritizing actions that have the most impact. Pareto Principle The following are a few commonly claimed business rules of thumb that are based on the pareto principle.20% of bugs cause 80% of errors 20% of products generate 80% of sales20% of business hours produce 80% of sales
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## Problem Solving

This is the complete list of articles we have written about problem solving.
Abductive Reasoning
Abstraction
Approaches
Backward Induction
Essential Complexity
First Principles
Game Theory
Inductive Reasoning
Inference
Organizational Problems
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## Problem Solving

An overview of problem solving with examples.

## Problem Solving Approach

An overview of common problem solving approaches.

## Assumptions Examples

An overview of assumptions with examples.

## Common Sense

An overview of common sense with examples.

## Equilibrium

An overview of equilibrium with examples.

## Patterns

A general, reusable solution to a commonly occurring problem.

## First Principles

A list of common first principles.

## Organizational Problems

An overview of organizational problems with examples.

## Reliability Engineering

A list of reliability engineering techniques.

## Self-Healing

The definition of self-healing technology with examples.

## Composite Material

Common examples of composite materials.

## Material Strength

The definition of material strength with examples.

## Errors

The common types of error with examples.

## Reliability Quality

An overview of reliability as it pertains to quality with examples.
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