Mark DavidsonLand Manager| Diamond Head Resources, LLCDenver, Co, United States
Hello,
I am unable to find the 80/20 Rule aka the Pareto Rule in the PMBOK Version 6. Can anyone help me locate it and/or find more information on this rule? I need to create a chart and am not finding any information in the PMBOK. I searched google and there are many topics that discuss this but I wanted to keep my learning focused towards the PMBOK as I am going for my PMP Certification and don't want to deviate from their teachings.
Thanks! Saving Changes...
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Thomas WalentaGlobal Project Economy ExpertHackenheim, Germany
Mark,
it was removed in PMBoK ed6.
Nevertheless I continued to teach it in PMP Prep classes as it is a well known and valid principle to prioritize.
Remember, the PMBoK is NOT the only source for the exam questions, it just has a lot of content, tools and techniques. So it states that topics not included in PMBoK should not be considered irrelevant for projects. Saving Changes...
Sergio Luis ConteHelping to create solutions for everyone| Worldwide based OrganizationsBuenos Aires, Argentina
You will not find it into the PMBOK as other type of things. As @Thomas wrote above, just in case you are preparing for the PMP exam, this is the challenge when you need to study. See here: https://www.systems2win.com/solutions/pare...tRoCzFQQAvD_BwE Saving Changes...
The PMBOK Guide may be the basis for foundational process-based questions in the exam, but most of the scenario-oriented questions (which make up the bulk of the exam) draw from many different reference sources.
That is why it is never a good idea to focus solely on the PMBOK Guide and why companies like RMC have made a lot of money creating and selling self-study guides which try to distill the overall "Body of Knowledge" which cannot be captured in any one single reference book.
Kiron Saving Changes...
Ganesh KumarProgram ManagerBangalore., Karnataka, India
Hi Mark,
What’s your specific query related to the Pareto rule. Share it with the community, it will be a great learning for you and others too.
All the best for your PMP certification. Saving Changes...
Ed Tsyitee JrConsultant | Consultant Tucson, Az, United States
I recommend reading The Lazy Project Manager by Peter Taylor. He has a YouTube channel as well. While it doesn't give a technical side to it, the book provides a practical approach.
We have an idea that 80% of the success comes from 20% of the work, we just don't acknowledge it.