The Pareto Principle is an observation that 80% of consequences come from 20% of the causes, indicating an unequal relationship between inputs and outputs. The principle originated as a conclusion ...

The chart is named after Italian economist and sociologist Vilfredo Federico Damaso Pareto. The Pareto chart is known as one of the Seven Basic Tools of Quality, a set of tools that help organisations ...

Pareto charts are a type of bar chart that show the frequency or magnitude of different cost items or factors in descending order, along with a cumulative line that indicates the percentage of the ...

If you want to identify the most frequent or significant causes of a problem, you may use a Pareto chart or a fishbone diagram. If you want to illustrate the flow of a process or the relationship ...