Fast, Good, Cheap

Posted by Jenny on May 18, 2010 in Entrepreneurship | 0 comments

Ever since I learned this from a TV show a few years ago, it has stuck on me ever since. The Project Triangle, which I preferred to refer to as the Fast, Good Cheap principle. This graphic aid for project management is extremely easy to understand and yet so true. Unfortunately, it’s not a guide to get your project done fast, good and cheap (I wish!). Of the three sides of the triangle, you can only choose two at any one time.

Fast + Good = Not cheap.
Cheap + Good = Not fast.
Cheap + Fast = Not good.

Why can’t we have all three sides? We just can’t, life is way better after accepting this fact. It has helped me in many different situations, I hope it’ll do the same for you.

Do leave a comment if this triangle has helped you in any way.

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