The following story illustrates why:
We wanted to solve the problem of manual labour and time spent cutting vegetables at home. So we form two parallel project teams to solve this problem.
Project team – A developed cutting machine. The A team designed and developed the machine in-house in the garage. The project cost was $3,000. The team has completed the project within the set time and budget.
Project team – B bought a food processor. The food processor can do many more tasks other than cutting. The project cost was $1,000. The team has completed the project within the set time and budget.
Moral of the story:
- There can be more than one solution to a problem
- Select the best solution before implementation
- Before attempting to solve the problem, understand what others have done for the same problem
- Merely measuring the project based on time, budget, and quality is a dumb idea
- The project budget, timeline is simply an expectation set at the start of a project
- Before finding a solution to the problem, make sure you are solving the right problem
What would you like to add to the above list?
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