CAPM (Certified Associate in Project Management) Practice Exam

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In which tool is the 80/20 rule applied to show trends?

  1. Checksheets

  2. Pareto diagrams

  3. Control charts

  4. Flowcharts

The correct answer is: Pareto diagrams

The 80/20 rule, also known as the Pareto Principle, is often used to identify the most significant sources of issues or problems. In this case, the 80/20 rule is being applied to show trends, meaning it is being used to identify the most significant trends. Checksheets, Control charts, and Flowcharts are all useful tools for displaying and analyzing data, but they do not specifically focus on identifying trends. Checksheets are used for collecting and organizing data, control charts for monitoring and controlling processes, and flowcharts for visualizing processes. Therefore, while these tools can provide valuable insights, they do not specifically utilize the 80/20 rule to show trends like Pareto diagrams do.