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All articles tagged with compromises in the project plan

What Is “Fast, Cheap, Good: Pick Two” in Project Management?

Fast, Cheap, and Good is a term in Project Management stating that Project Managers can only deliver 2 out of the 3 constraints in any Project. They can choose “fast and cheap”, “cheap and good”, and “fast and good”. “Cheap and Good” is the worst and is rarely used, “fast and cheap” is used a lot in software projects while cutting from the scope, and “fast and good” is often used in “construction projects”.