The start of many projects receives much attention. It is celebrated, installed, kicked-off, etc. In this article, I want to write a few tips about a stepchild in project management and that is the retrospective after the end of a project. The art & science of reflection is often an unpracticed area of management. That is a real shame because there is often so much gold to be found in terms of lessons for the future.
The 80/20 rule, also known as the "Pareto principle", asserts that 80% of all outcomes are a result of 20% of the effort. Everyone knows about the example where 80% of all sales are a result of 20% of the customer base. Thus, by giving more attention to a small group of customers this leads to disproportionate revenue. In this blog post we'll look at how to use the principle within the 80/20 in regards to project & resource planning.