The Pareto Principle (80/20 rule) was named after Vilfredo Pareto. He observed that 80% of income in Italy went to 20% of the population. Business management thinker J. Juran suggested the principle and named it after the Italian economist.
Paper describes approach used to restructure Quebec ministries using value analysis and functional performance specification. The restucturing of the Welfare Ministry and Correctional Services occured during downsizing and budget cuts and Value Analysis enable a quick and successful transformation.
Paper describes approach used to restructure Quebec ministries using value analysis and functional performance specification. The restucturing of the Welfare Ministry and Correctional Services occured during downsizing and budget cuts and Value Analysis enable a quick and successful transformation.