Ever heard about the Pareto principle, also known as the 80/20 rule? This idea states that for most processes, 80% of the outcomes come from only 20% of the input effort. It’s been applied in many areas of life: In economics Pareto noticed that about 80% of Italy's land was owned by 20% of the population (Manual of political economy, 1971). In computer science Microsoft discovered that by fixing the top 20% of the popular bugs, 80% of the co-related errors and crashes in a given system would be eliminated (Microsoft's CEO, 2002). There are many applications of the [...]
Ever heard about the Pareto principle, also known as the 80/20 rule? This idea states that for most processes, 80% of the outcomes come from only 20% of the input effort. It’s been applied in many areas of life: In economics Pareto noticed that about 80% of Italy's land was owned by 20% of the population (Manual of political economy, 1971). In computer science Microsoft discovered that by fixing the top 20% of the popular bugs, 80% of the co-related errors and crashes in a given system would be eliminated (Microsoft's CEO, 2002). There are many applications of the [...]
