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How to use ABC analysis technique

Posted on February 26, 2024February 27, 2024 By CA Pankaj Jain No Comments on How to use ABC analysis technique

How to use ABC analysis technique

By using ABC analysis in your study, you can prioritize your efforts effectively, ensuring that you focus on the most important tasks first, which can lead to better academic performance. Here let’s see how to use abc analysis technique in study and stand out by being a best version of yourself.

Identify Items:

Begin by listing all the items you need to study or tasks you need to complete. These could be chapters in a textbook, topics for an exam, or assignments.

Assign Categories:

Assign each item to one of three categories: A, B, or C, based on their importance or priority.

A items: These are the most important or high-priority items. They typically represent a smaller percentage of your total items but contribute to a larger percentage of your overall success. Focus on these items first.

B items: These are moderately important items. They are important, but not as critical as A items. They require attention after A items are addressed.

C items: These are the least important or low-priority items. They may be necessary, but they contribute less to your overall success. These items can be addressed after A and B items are completed.

Determine Criteria:

Decide on the criteria you’ll use to categorize items. This could be based on factors like difficulty, relevance to exams, or frequency of appearance in previous exams.

Calculate Percentages:

Calculate the percentage of total items represented by each category. Typically, A items represent around 20% of total items but contribute to 80% of your success. B items represent around 30% of total items, and C items represent the remaining 50%.

Allocate Time and Resources:

Allocate your study time and resources accordingly. Focus the majority of your time and effort on A items, followed by B items, and then C items.

Regular Review:

Regularly review your categories and adjust them as needed based on changes in priorities or progress.

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CA Pankaj Jain
Name: CA Pankaj Jain

Chartered Accountant | AIR-26 | B.com | Keen Learner |

    CA Pankaj Jain

    Chartered Accountant | AIR-26 | B.com | Keen Learner |

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