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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterprise’s ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
 
 
 
 
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

Money Management Action Plan
 
 
 
Home » Doing Tasks » Use Pareto principle when start doing your tasks
Use Pareto principle when start doing your tasks  

Use Pareto principle when start doing your tasks



 
 

80/20 rule - what is it and how to use it?

When you want to accomplish particular task, don't just plunge into doing it. Like everywhere in your life, you can apply Pareto principle in your everyday work. It means that 20% of all the efforts cause 80% of final results, while other 80% of your efforts cause only 20% of final results. The same rule works for your Task List. Let's say you have a goal "to make 1 million $ a year" and planned many tasks to reach this goal. According to statistics 80% of your tasks are not so effective as 20% that really get you closer to your dream. So, it is logical that you should concentrate on these important tasks.

"20% of task list" To Do List

  • When you have particular goal and many tasks to achieve it, don't hurry up doing all of them, first analyze your task list
  • Pick out those tasks that are the most important for achieving your goal
  • Set the higher priority for these tasks and accomplish them first of all
  • Use software to track your task list and sort the tasks by their priorities

Action plan

  1. Start your task management software
  2. Create a task list
  3. Set task priority to each of your tasks
  4. Before you start accomplishing the tasks sort them by priority
  5. Start doing the tasks with higher priority

See also:

 Start doing your part of the task so that everyone has time to do his one

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