The “problem” with the Pareto Principle
Within the last few years, I learned to love the Pareto principle…
The Pareto principle says, that you can achieve 80% of your overall goal investing 20% of the overall efforts! The achievement of the 100% result of your overall goal would cost 80% of the overall effort!
Because perfectionism leads into investing too much efforts into the product itself instead of getting the product finished. Basically, this is a smart idea, and following this principle helped me a lot to feel better in projects or during my daily work. But what I see more and more, that people are taking this principle as an excuse when they fuck up their projects… J And I am not joking now!
I am honest in this case, I have seen this many times now, and I am sick of this!
30% or 40% are not 80%!!!
So stop bullshitting about “Pareto” and start steering your project!and focus on achieving the 80%!!! grrr
The number one requirement of beeing able to adopt this principle is the ability of keeping the overall overview of your project and having a clearly measurable Goal which needs to get achieved, so you need to know the minimum set of features which need to be in place to say, yes! We achieved 80%. Yo need SMART (Specific, Measurable, Achievable, Relevant, Time bound) Goals!