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Pareto Paradox

Pareto Paradox states that there are usually more opportunities in the undermanaged 80% than the overmanaged 20%.
#pareto-principle
#project-management
Zettelkasten, July 2nd, 2021.
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Notes

  • Because of the Pareto Principle, we tend to overmanage the 20% high payoff causes and undermanage the remaining 80%. This management leads to what we might call the Pareto Paradox.

  • Pareto Paradox states that there are usually more opportunities for undermanaged 80% than the overmanaged 20%.

  • It's a decision mental model because it helps you decide how to manage the tasks of your job to get more potential opportunities.

References

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