Do Pareto Analysis in Excel and Create Pareto Chart in Excel . Download link http://bit.ly/2GWi6i0 Pareto Analysis is a technique used for decision making based on the Pareto Principle, known as the 80/20 rule and the Pareto Analysis can be done in Excel too. It is a decision-making technique that statistically separates a limited number of input factors as having the greatest impact on an outcome, either desirable or undesirable. Pareto analysis is based on the idea that 80% of a project's benefit can be achieved by doing 20% of the work or conversely 80% of problems are traced to 20% of the causes.
