{"id":112779,"date":"2021-06-16T06:59:57","date_gmt":"2021-06-16T06:59:57","guid":{"rendered":"https:\/\/www.healthbenefitstimes.com\/glossary\/?p=112779"},"modified":"2023-04-02T09:46:21","modified_gmt":"2023-04-02T09:46:21","slug":"pareto-principle","status":"publish","type":"post","link":"https:\/\/www.healthbenefitstimes.com\/glossary\/pareto-principle\/","title":{"rendered":"Pareto principle"},"content":{"rendered":"<p>A principle which states that in any series of steps in a process, such as the diagnosis of a patient&#8217;s problem, there are a &#8220;vital few&#8221; steps and a &#8220;trivial many.&#8221; The procedure for identifying the vital few and the trivial many is called a Pareto analysis. The Pareto analysis makes feasible productive efforts at quality improvement since, once the &#8220;vital few&#8221; steps where efforts pay off can be identified, appropriate action can be taken. The Pareto principle is also the key to optimizing the care possible under a condition of limited resources. The principle was developed by J.M. Juran, an authority on quality, and named after an Italian economist named Pareto.<\/p>\n<hr \/>\n<p>The principle that\u00a0 only 20% of one\u2019s goals contain 80% of the total value; therefore, good time management involves spending most of one\u2019s time on the most important 20% of one\u2019s goals.<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A principle which states that in any series of steps in a process, such as the diagnosis of a patient&#8217;s problem, there are a &#8220;vital few&#8221; steps and a &#8220;trivial many.&#8221; The procedure for identifying the vital few and the trivial many is called a Pareto analysis. The Pareto analysis makes feasible productive efforts at [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-112779","post","type-post","status-publish","format-standard","hentry","category-p"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pareto principle - Definition of Pareto principle<\/title>\n<meta name=\"description\" content=\"A principle which states that in any series of steps in a process, such as the diagnosis of a patient&#039;s problem, there are a &quot;vital few&quot; steps and a &quot;trivial many.&quot; The procedure for identifying the vital few and the trivial many is called a Pareto analysis. The Pareto analysis makes feasible productive efforts at quality improvement since, once the &quot;vital few&quot; steps where efforts pay off can be identified, appropriate action can be taken. The Pareto principle is also the key to optimizing the care possible under a condition of limited resources. The principle was developed by J.M. Juran, an authority on quality, and named after an Italian economist named Pareto.The principle that\u00a0 only 20% of one\u2019s goals contain 80% of the total value; therefore, good time management involves spending most of one\u2019s time on the most important 20% of one\u2019s goals.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.healthbenefitstimes.com\/glossary\/pareto-principle\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pareto principle - Definition of Pareto principle\" \/>\n<meta property=\"og:description\" content=\"A principle which states that in any series of steps in a process, such as the diagnosis of a patient&#039;s problem, there are a &quot;vital few&quot; steps and a &quot;trivial many.&quot; The procedure for identifying the vital few and the trivial many is called a Pareto analysis. The Pareto analysis makes feasible productive efforts at quality improvement since, once the &quot;vital few&quot; steps where efforts pay off can be identified, appropriate action can be taken. The Pareto principle is also the key to optimizing the care possible under a condition of limited resources. The principle was developed by J.M. Juran, an authority on quality, and named after an Italian economist named Pareto.The principle that\u00a0 only 20% of one\u2019s goals contain 80% of the total value; therefore, good time management involves spending most of one\u2019s time on the most important 20% of one\u2019s goals.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.healthbenefitstimes.com\/glossary\/pareto-principle\/\" \/>\n<meta property=\"og:site_name\" content=\"Glossary\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-16T06:59:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-02T09:46:21+00:00\" \/>\n<meta name=\"author\" content=\"Glossary\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Glossary\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.healthbenefitstimes.com\/glossary\/pareto-principle\/\",\"url\":\"https:\/\/www.healthbenefitstimes.com\/glossary\/pareto-principle\/\",\"name\":\"Pareto principle - Definition of Pareto principle\",\"isPartOf\":{\"@id\":\"https:\/\/www.healthbenefitstimes.com\/glossary\/#website\"},\"datePublished\":\"2021-06-16T06:59:57+00:00\",\"dateModified\":\"2023-04-02T09:46:21+00:00\",\"author\":{\"@id\":\"https:\/\/www.healthbenefitstimes.com\/glossary\/#\/schema\/person\/ccfef987a4882e6356ae6d77d33e74c5\"},\"description\":\"A principle which states that in any series of steps in a process, such as the diagnosis of a patient's problem, there are a \\\"vital few\\\" steps and a \\\"trivial many.\\\" The procedure for identifying the vital few and the trivial many is called a Pareto analysis. 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