FE Electrical and PE Power – 80/20 Pareto Principle for Studying EfficiencyPosted by Wasim Asghar on September 17th, 2024 The 80/20 Pareto Principle (commonly known as the 80/20 rule) is used in many areas, including business management, economics, computing, and software engineering. The 80/20 Pareto Principle is an incredibly effective tool for students striving to obtain knowledge in a particular area. Students who adopt the Pareto 80/20 rule in their studies increase their efficiency by focusing on the key areas that significantly influence their performance. If you want to discover the Pareto principle 80/20 and how to use it effectively to improve your academic performance and exam results, you’ve landed at the right place. This blog will discuss the 80/20 rule’s potential, importance, advantages, and limitations and how you can effectively use this for your academic success. Let’s start with the introduction. What Is Pareto Principle? The 80/20 principle or 80/20 rule is prevalent among professionals and students who want to acquire efficiency and productivity. According to the principle, 20% of your actions constitute 80% of the overall impact. The rest, 20% of the effects, are influenced by 80% of your effort. The principle was named after the Italian economist who put forward this idea of the 80/20 rule named Vilfredo Pareto. Pareto examined that, in Italy, the wealthiest 20% of the people in his country owned 80% of the land. He researched and concluded that immovable property ownership in the rest of the countries nearly shares the same pattern. Later down the timeline, the 80/20 principle became prominent when experts started using it as a productivity model to ensure efficiency in business, academics, and sports. One of the most prominent Pareto principle examples is how students use it in academics. For instance, Students know that 80% of their exam performance and outcome is based on their efforts to complete 20% of their course content. Like 80% of the likelihood of success in the basketball match is determined by how well game openers (20% of the batting team) lead the competition. For more information about Study For FE visit here: https://www.studyforfe.com/blog/pareto-80-20-principle-fe-electrical-and-computer-exam/ Like it? Share it!More by this author |