Log in | Register | Contact Us | View Cart

 

No comments

Diminishing Returns

Diminishing returns happen when resource (time, effort, money, space) yields less output than it did at an earlier time.

In math jargon, diminishing returns happen when the productivity curve starts to flatten out.

Diminishing returns are essentially the inverse of the Pareto 80/20 Principle. Once the 80% of gains are made with 20% of the effort, what are you left with? The final 20% percent of the project will take four times as much effort as the first 80% percent.

 

If you like this reference guide, please help us spread the word about it!

Add a Comment

Share Your Thoughts    |No comments|

Leave a Reply

You must be logged in to post a comment.

Copyright © 2009-2016, Velaction Continuous Improvement, LLC | Legal Information