![]() Pareto Chart is based on the Pareto principle (also known as the 80/20 rule), which is a well-known concept in project management.Īccording to this principle, ~80% of the problems can be attributed to about ~20% of the issues (or ~80% of your results could be a direct outcome of ~20% of your efforts, and so on.). Watch Video – How to Make a Pareto Chart in Excel
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