the principles of gfc all projects have 3 characteristics, they are good, fast and cheap. gfc...
TRANSCRIPT
The Principles of GFC
Good Fast Cheap
Fast
Cheap
• All projects have 3 characteristics, they are Good, Fast and Cheap.
• GFC dictates that you can only choose 2 of those characteristics and the 3rd is forced.
• All three of these characteristics are relative to the overall scope of a project and variable with each project.
The Principles of GFC
• Should you choose to have your project Good and Cheap, then it will not be Fast.
• If you want it Good and Fast, then it will not be Cheap.
• The worst is for a project to have to be Fast and Cheap, then it won’t be good...
Applied Imagination
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• Turn your ideas into prototypes!
• Turn your prototypes into products!
• Turn your products into revenue!