Get More Done Using The Pareto Principle
Everyone wants to get more tasks done in less time. Productivity is a hot topic. Books are written explaining how to be more productive, and online courses are taught on the same subject. This is especially important as we try to fit in work, leisure time, family time, and house chores. With too many things to do during the day, it is hard to choose what gets done.
An effective way to decide how to manage your limited time to accomplish more is to use the Pareto Principle which is based on the 80/20 rule. This is based on the theory that 80% of results come from 20% of work. The key is to choose what tasks are the 20% that you will work on throughout the day to get 80% of the results.
The best way to chose what to do is to make a to-do list and do the tasks that will make the most positive impact in your life. The Havard Business Review conducted a study of the Pareto Principle and came to the conclusion that every task on a to-do list is unimportant. However, make a to-do list and prioritize each task from the most amount of effort to the least amount of effort.
Then assign a number of positive results to each task and divide the amount to get the priority. The result of the equation dictates the order each task is done.
Task 1 effort of 20, result of 2, equals priority
Task 2 effort of 10, result of 5, equals priority