PROJECTMGMNT 7047 (T8 Tue 12pm-1pm) by Haz Hizan https://padlet.com/dinashah12/n2h5z1f3h1xt8bdc Tutorial Week 9 en-us 2022-05-08 11:40:19 UTC 2022-05-08 11:42:29 UTC hello@padlet.com The Pareto principle dinashah12 https://padlet.com/dinashah12/n2h5z1f3h1xt8bdc/wish/2174355362 (also known as the 80/20 rule) is a phenomenon that states that roughly 80% of outcomes come from 20% of causes. General examples of the Pareto principle:
• 20% of a plant contains 80% of the fruit
• 80% of a company’s profits come from 20% of customers
• 20% of players result in 80% of points scored]]> 2022-05-08 11:40:19 UTC https://padlet.com/dinashah12/n2h5z1f3h1xt8bdc/wish/2174355362 dinashah12 https://padlet.com/dinashah12/n2h5z1f3h1xt8bdc/wish/2174355363
  • What distinguishes complex systems from other kinds of systems? 
  • Do some complex systems self-simplify? What are the properties of CAS that simplify a system?
  • How we adopt complexity mindset?
  • Give examples of the application on Pareto Principles in (a) our lives and (b) Project Management
  • What is learning organisation?


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