home | toolbox | about | contact


The Amazing Value Triangle

Follow the Doctor Spin blog:

Now, this is a classic.

The value triangle is dead simple, but it’s a sobering reality check for when discussing deliverables and scopes of work in general.

The model as such comes in many different versions and I don’t know who created the original, but it’s a powerful model in all it’s simplicity.

Basically, people always want things to be competitive, and they want it fast. And of course, they want it cheap.

Now, thats not how a market economy works…

Screen Shot 2013-03-01 at 2.10.02 PM

Here’s how the value triangle works:

If you want something done CHEAP and FAST, you can’t ask for it to be COMPETITIVE.

If you want something done CHEAP and COMPETITIVE, you can’t ask for it to be done FAST.

If you want something done FAST and COMPETITIVE, you can’t ask for it to be done CHEAP.

Brilliant, right?

I know all of you project managers out there agrees!

Found this article valuable? Let me send my next one to your inbox (and get my free checklist with 23 tactics to promote content) here.

###

The Writer:

As the author of Doctor Spin, Jerry's passionate about online persuasion and public relations. He runs the agency Spin Factory, the community PR of Sweden, and the e-learning platform Spin Academy. Jerry lives in Stockholm with his wife Lisah and his son Jack. Click here to subscribe to Jerry's posts!

Interested in Jerry’s services or speaking engagements? Learn more.