#36 The Pareto Principle - Maximizing Efficiency

The article explains the Pareto principle, the 80/20
rule, in detail. It describes its origins with Vilfredo
Pareto, its application in various areas such as business and
time management, the advantages and challenges of its
implementation, as well as practical implementation tips.
Finally, examples from the construction industry are given and
the principle is summarised and evaluated.