Parkinson's law He also wrote the book "Mrs. Parkinson's Law: and Other Studies in Domestic Science". Parkinson's law Parkinson's law is the adage that "work expands so as to fill the time available for its completion". It is sometimes applied to the growth of bureaucracy in an organization. This law is likely derived from ideal gas law, whereby a gas expands to fit the volume allotted. Articulated by Cyril Northcote Parkinson as part of the first sentence of an essay published in "The Economist" in 1955 and since republished online, it was reprinted with other essays in the book "Parkinson's Law: The
Pareto principle Pareto principle The Pareto principle (also known as the 80/20 rule, the law of the vital few, or the principle of factor sparsity) states that, for many events, roughly 80% of the effects come from 20% of the causes. Management consultant Joseph M. Juran suggested the principle and named it after Italian economist Vilfredo Pareto, who noted the 80/20 connection while at the University of Lausanne in 1896, as published in his first work, "Cours d'économie politique". Essentially, Pareto showed that approximately 80% of the land in Italy was owned by 20% of the population. It is an axiom of