This course will discuss The Pareto Principle, commonly known as the 80/20 rule, which is a concept that suggests 80% of outcomes result from 20% of all causes for any given event. There will be discussion on how in project management, this principle can be a powerful tool for maximizing efficiency and effectiveness, allowing teams to focus on the tasks that yield the most significant impact. Further information on how the application of this principle also comes with considerations (risks) regarding the pursuit of perfection in the final stages of a project.
Participants will receive 1 Professional Development Hour (PDH) upon completion.
Learning Objectives
• Introduction to the Pareto Principle and the 80/20 Rule
• Conducting Pareto Analysis
• Pareto Charts and Interpretations
• Application and Examples
Who Should Attend
• Decision-makers and professionals interested in effective problem-solving and data analysis techniques.
• Lean practitioners, quality assurance staff, and process improvement experts.
• Mid-to-senior level managers and team leaders aiming to prioritize resources and address key issues efficiently.
• Individuals seeking to enhance their analytical skills in various business contexts.
26 июн 2024
