Pareto analysis Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “Pareto analysis” in the English Dictionary

"Pareto analysis" in Business English

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Pareto analysisnoun [C or U]

uk   us   ECONOMICS, WORKPLACE, PRODUCTION
a method for finding the main causes of a particular effect or problem so that money, effort, etc. is put into these causes, rather than less important ones: Pareto analysis is often applied to determine which parts of the design are most worthy of attention.
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(Definition of Pareto analysis from the Cambridge Business English Dictionary © Cambridge University Press)
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