Assessment Quote by James M. Wallace
“Speed, quality, price. Pick any two.”
About This Quote
Balancing speed, quality, and cost is impossible; you must prioritize two and accept trade‑offs.
In simple terms: You can’t have all three at once.
Key Takeaway
Choose two priorities, sacrifice the third.
Themes
trade‑offs
decision‑making
resource management
Mood
pragmatic
analytical
Type
business
strategic
When to use this quote
- product development
- project planning
- budgeting
- procurement
Key Concepts
economics
optimization
risk assessment
Questions to Reflect On
- Which two will you prioritize for your next project?
- What will you lose by dropping the third?
A Different Perspective
Neglecting one factor can damage reputation or profitability.
