Home
Library
Arena
Lab
Profile
Advertisement
Vocabulary Entry

pareto

|noun • verb
Advertisement
noun

A principle that states that for many phenomena, roughly 80% of consequences come from 20% of the causes.

Example Sentences

"The Pareto principle suggests that a small number of customers generate most of the revenue."

"In project management, focusing on the vital few tasks can lead to significant improvements, following the Pareto rule."

"Analyzing sales data through the lens of Pareto can help identify which products drive the most profit."

verb

To apply the Pareto principle in analyzing or optimizing a situation.

Example Sentences

"We need to Pareto the issues to focus on those that will have the biggest impact."

"They decided to Pareto the tasks to prioritize the most critical ones."

"In our review, we will Pareto the feedback to address the key concerns raised by users."

Advertisement

Browse by Alphabet