It's the pareto principle. Parteto, one of the last universal-scientist in the 18xx in Italy discovered, that 20% of the people own 80% of the land, the money, the buildings. 20% of the fields yield a 80% large crop and so on.
Later on this rule was enlarged by varios authors: 20% of a newspaper contain 80% of the news, 20% of Your activities will bring 80% of the results and so on.
Sorry for my bad english.
Greetings
kh
"To complete 80% of the project takes 80% of the time. To do the next 10% takes the other 80% of the time. The last 10% never happens" is more true but less funny :-)
Comments
A variant of the project management 80/20 rule
Here's another funny variant quoted by Frank Scavo:
the project that is 90% complete for 90% of the time
Critical chain
That's what Goldratt's approach aimed to move on from, isn't it
http://coreitsm.blogspot.com/
80-20 rule
It's the pareto principle. Parteto, one of the last universal-scientist in the 18xx in Italy discovered, that 20% of the people own 80% of the land, the money, the buildings. 20% of the fields yield a 80% large crop and so on.
Later on this rule was enlarged by varios authors: 20% of a newspaper contain 80% of the news, 20% of Your activities will bring 80% of the results and so on.
Sorry for my bad english.
Greetings
kh
Someone all too familiar with project management
Yes familiar with Pareto. But I don't know who came up with this humorous variant. Someone all too familiar with project management obviously...
Misspelling?
80 and 20, 20 and 80.
No, it's a joke. A very true joke.
No, it's a joke. A very true joke.
I think it is also true that
I think it is also true that projects are always 80% complete. Even when they have finished.
more true but less funny
"To complete 80% of the project takes 80% of the time. To do the next 10% takes the other 80% of the time. The last 10% never happens" is more true but less funny :-)