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Cheap, Good and Fast you may choose 2 out of three? Why? Explain?

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Question added by Alex Al Yazouri , General Manager , Al Mushref Cooperative Society
Date Posted: 2014/12/05
Alex Al Yazouri
by Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

If it's cheep and good it's going to be fast

If it's cheep and fast it's not going to be good.

If it's good and fast it's not going to cheep.

So look up your budget, schedule and priorities.

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Good and Fast:  The production process if interrupted will be costing more at no extra benefit out of it in case of Machinery break-down. Parts to be replaced immediately and at the very fast.

I chose Good and Fast because that these criteria consider a gauge of quality control for any good and service 

Basit Ali
by Basit Ali , Director of Engineering , Laverda Suites & Villas / Blue Bay Resorts

Agree with Mr Alex Al Yazouri

 

I would like to add some additional that its also depend on project and planning. 

LABIB KOOLI
by LABIB KOOLI , Director of the Sectoral Center for Training in Hotel Technologies at Southern Hammamet , Tunisian Vocational Training Agency (ATFP)

I pick up good and cheap !

Going fast is too much risky !

Omair Abduljaleel Ali Al-Quliey
by Omair Abduljaleel Ali Al-Quliey , مدير لمكتب المهندسين اليمنيين , مكتبي مكتب المهندسين اليمنيين

Thank you for invitation>>>

I'm with your answer Mr. Alex Al.yazouri 

Samuel Trapp
by Samuel Trapp , Contract Manager, Business Consultant, General Counsel , TGC

Good and fast, if I have to pick two. Everyone can identify cheap, including the customer. I do like the answer of Alex Al Yazouri!

zafar abbas minhas
by zafar abbas minhas , Freelance Writer , DAILY MASHRAQ

 GOOD & FAST ============ I LIKE TO PLAY FAST TRACK GAME IN LIFE,,, FULL OF ACTIONS , RISKS AND CHALLENGES .......... GOOD DAY

Nikos Moralis
by Nikos Moralis , Project Manager , Lightness

Cheap. Good and Fast. It means Budget, Quality and Time in project management terms. Is it possible to deliver a project with less money, in the requested or higher quality and sooner than expected?Impossible! So depending on the project, the conditions and the expectations the project manager should choose which of three must be "sacrificed".

UMAPATHI DEVARAJ
by UMAPATHI DEVARAJ , Quality Control Inspector , TARGET Engineering Construction Com

I can choose cheap and good.

Because Fast only lead to project completion. It can plan and give more input based on requirements.

  1. Cheap lead to profit for our organisation.
  2. Good lead to quality for our organisation.

Leon Viljoen
by Leon Viljoen , Professional Engineer , ESCA

I would select Cheap (cost efficient) and Good. This means value for money. Engineering is progressive. Yet we must ensure we keep in touch with the consumer base.

 

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