Pareto analysis using the 80:20 rule to prioritize Reading Answers

Aug 13, 2024

Pareto analysis using the 80:20 rule to prioritize Reading Answers is an academic reading answers topic. Pareto analysis using the 80:20 rule to prioritize Reading Answers have a total of 4 IELTS questions in total. In the questions, you have to fill in the blanks with the correct answer.

Candidates should read the IELTS Reading passage thoroughly to recognize synonyms, identify keywords, and answer the questions below. IELTS Reading practice papers, which feature topics such as Pareto analysis using the 80:20 rule to prioritize Reading Answers. Candidates can use IELTS reading practice questions and answers to enhance their performance in the reading section.

Section 1

Pareto analysis using the 80:20 rule to prioritize

Use this approach to identify which challenges you should tackle first.

Imagine that you've just stepped into a new role as head of department. Unsurprisingly, you've inherited a whole lot of problems that need your attention. Ideally, you want to focus your attention on fixing the most important problems. But how do you decide which problems you need to deal with first? And are some problems caused by the same underlying issue? Pareto Analysis is a simple technique for prioritising possible changes by identifying the problems that will be resolved by making these changes. By using this approach, you can prioritise the individual changes that will most improve the situation. Pareto Analysis uses the Pareto Principle - also known as the "80/20 Rule" - which was first coined by Italian economist, Vilfredo Pareto, in 1896 in his book, "Cours d'économie politique." It said that 20 percent of causes generate 80 percent of results. With this tool, we're trying to find the 20 percent of work that will generate 80 percent of the results that doing all of the work would deliver.

NOTE: The figures 80 and 20 are illustrative - the Pareto Principle illustrates the lack of symmetry that often appears between work put in and results achieved. For example, 13 percent of work could generate 87 percent of returns. Or 70 percent of problems could be resolved by dealing with 30 percent of the causes.

HOW TO USE THE TOOL

Step 1: Identify and List Problems: Firstly, write a list of all of the problems that you need to resolve. Where possible, talk to clients and team members to get their input, and draw on surveys, helpdesk logs and suchlike, where these are available.

Step 2: Identify the Root Cause of Each Problem: For each problem, identify its fundamental cause. (Techniques such as Brainstorming, the 5 Whys, Cause and Effect Analysis, and Root Cause Analysis will help with this).

Step 3: Score Problems: Now you need to score each problem. The scoring method you use depends on the sort of problem you're trying to solve.

For example, if you're trying to improve profits, you might score problems on the basis of how much they are costing you. Alternatively, if you're trying to improve customer satisfaction, you might score them on the basis of the number of complaints eliminated by solving the problem.

Questions 16-20

Write NO MORE THAN TWO WORDS.

Joining a new role in a company is another way to welcome a range of 16. ……..

Answer: PROBLEMS
Supporting statement: “........You’ve inherited a whole lot of problems that need your attention..........”

Keywords: problems, inherited

Keyword Location: para 1, line 1

Explanation: When stepping into a new role, one typically encounters various problems that need to be addressed.

Pareto analysis states dealing with 20 to 30% of 17.................. to avoid the problems.

Answer: CAUSES
Supporting statement: “........Or 70 percent of problems could be resolved by dealing with 30 percent of the causes..........”

Keywords: causes, problems

Keyword Location: para 1, line 3

Explanation: The Pareto Principle suggests focusing on a small percentage of causes to effectively resolve a large percentage of problems. Hence causes is the correct answer.

Have a discussion with existing customers and 18....., about the problems that company is facing.

Answer: TEAM MEMBERS
Supporting statement:“.........Talk to clients and team members to get their input..........”

Keywords: clients, team

Keyword Location: para 2, line 1

Explanation: To identify and list problems, it's important to gather input from both clients and team members. Hence team members is the correct answer.

Analyze the root 19 …… through various techniques.

Answer: CAUSE
Supporting statement: “........For each problem, identify its fundamental cause...........”

Keywords: root, cause

Keyword Location: para 2, line 3

Explanation: The fundamental issue behind each problem needs to be analyzed, referred to as the "root cause." Hence it is the correct answer.

Team members are required to 20……... the issue they face.

Answer: SCORE
Supporting statement: “........Step 3: Score Problems: Now you need to score each problem. The scoring method you use depends on the sort of problem you're trying to solve...........”

Keywords: score, problems

Keyword Location: para 3, line 1

Explanation: Problems need to be scored based on their impact to prioritize which issues to address first. Hence score is the correct answer.

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