Budget Quote by Bruce Pittman
“Spend 10% of the project budget making sure you understand problem, the key technologies involved, and have looked at all of the options before you dive into the detailed design.”
About This Quote
Source Book: Project Management Best Practices, 2015
Allocate a modest portion of budget to thoroughly understand the problem, technology, and alternatives before detailed design.
In simple terms: Understand before designing.
Spend time early to avoid costly rework.
Themes
Mood
Type
When to use this quote
- software development
- hardware design
- consulting projects
- startup product planning
Key Concepts
Questions to Reflect On
- How much time is enough for problem analysis?
- What risks arise from insufficient early research?
May delay start and increase upfront cost.