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Pareto principle
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=== Occupational health and safety === [[Occupational health and safety]] professionals use the Pareto principle to underline the importance of hazard prioritization. Assuming 20% of the hazards account for 80% of the injuries, and by categorizing hazards, safety professionals can target those 20% of the hazards that cause 80% of the injuries or accidents. Alternatively, if hazards are addressed in random order, a safety professional is more likely to fix one of the 80% of hazards that account only for some fraction of the remaining 20% of injuries.<ref>{{cite book |last=Woodcock |first=Kathryn |title=Safety Evaluation Techniques |year=2010 |publisher= Ryerson University |location= Toronto, ON |pages=86 |url= http://www.ryerson.ca/woodcock/}}</ref> Aside from ensuring efficient accident prevention practices, the Pareto principle also ensures hazards are addressed in an economical order, because the technique ensures the utilized resources are best used to prevent the most accidents.<ref name=USCG001>{{cite web|title=Introduction to Risk-based Decision-Making |url= http://www.uscg.mil/hq/cg5/cg5211/docs/RBDM_Files/PDF/RBDM_Guidelines/Volume%202/Volume%202-Chapter%206.pdf |work=USCG Safety Program |publisher= United States Coast Guard |access-date= 14 January 2012}}</ref>
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