As part of my reading list, I always look forward to posts written by Mike Shipulski. He is very wise and has the ability to simplify complex things into easy to understand chunks that help us grasp the concept. He is an innovation expert and has more than 20 patents to his name.
So when I read this post by Mike Shipulski on the nature of projects, I really had to share it with all of you.
If you are in the business of leading or managing projects, this is a mandatory read. You can find the post here.
If you are running short on time, here I quote from his blog post:
1. One – 80% Right, 100% Done, 100% On Time, 100% On Budget
2. 100% Right, 100% Done, 0% On Time, 0% On Budget
3. 100% Right, 100% Done, 100% On Time, 0% On Budget
4. Not Right, Not Done, Not On Time, Not On Budget
– Mike Shipulski in his post titled – The Four ways to run projects.
Most projects start out trying to be 100% right, 100% done, 100% on time and 100% on budgets.
We all know that rarely happens.
Now we have a choice to make.
The choice we make defines the outcome of the project. So, we need to choose wisely and with a lot of deliberation.