The 80:20 Rule

This is neatly summed up in the Pareto Principle, or the ’80:20 Rule’. This argues that typically 80% of unfocussed effort generates only 20% of results. The remaining 80% of results are achieved with only 20% of the effort. While the ratio is not always 80:20, this broad pattern of a small proportion of activity generating non-scalar returns recurs so frequently as to be the norm in many areas.

By applying the time management tips and skills in this section you can optimize your effort to ensure that you concentrate as much of your time and energy as possible on the high payoff tasks. This ensures that you achieve the greatest benefit possible with the limited amount of time available to you.

Time Management Tools

The tools we will discuss are:

• Manage time. Get things done – Beating Procrastination
• Finding out how you really spend your time – Activity Logs
• Small scale planning – Action Plans
• Tackling the right tasks first – Prioritized To Do Lists
• Deciding what your personal priorities should be – Personal Goal Setting
• Planning to make the best use of your time – Effective Scheduling

By the end of this section, you should have a much clearer understanding of how to use time to its greatest effect.

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Source: http://www.mindtools.com/pages/article/newHTE_00.htm