A Dynamic Pareto Chart in Excel

A Pareto chart in Excel is a chart which is made up of a column chart and a line chart to show a cumulative position. This is often a good chart to show an 80 20 scenario, where 80 % of the costs are achieved by 20% of the cost drivers. The chart can be created by segmenting the the data into cost drivers or buckets. If your business expenses were allocated into the following buckets: