Posted: 9/27/2014 12:43:06 PM EDT
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Depends. Are we talking about a $10 item or a 100k item?
If I need something in a hurry and don't plan on using it long a crap product that is quick might do the trick or I might not even mind overpaying to get it quick if the total cost is not too great. If I was buying a quarter million dollar bulldozer I don't think I could afford to spend extra nor would I want junk so I would wait if need be. |
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Good product is mandatory.
Good product but over budget means they can't plan properly, and it's probably not really a good product. Good product on budget but behind schedule probably means they care enough to get it right. With a little more experience, they might even get it on time. |
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Quoted:
This is project management 101. The appropriate choice for the triple constraint depends on the project and which risk is most acceptable to the customer. There is no right answer. I am too poor to afford cheap, and I specified adelivery date because that's when I need it. If possible, I'd anticipate the delay. It's easier to build the extra cost into the bid or item and get it moving on schedule. Posted Via AR15.Com Mobile |
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Need some votes for Harbor Freight up in here. That has its place, but I'd rather have what I need when I need it. If I do not have the money to make that happen, then I make time. The alternative is using a crap product to perform (hopefully) the task. The crap product is normally harder and more frustrating to use, carries a greater risk of injury, is usually shorter-lived, and generally speaking... every time that I have ever used a crap product, I've wished I spent the money or time for the good product. For example: The pro - he needs the full-size heavy-duty quality Sawzall. He'll pay for a good product because he needs jobs to get done quickly and easily. The hobbyist - he prefers the full-size heavy-duty quality Sawzall. He can wait for the right price on the good product, because time is on his side. The casual homeowner - he buys the crap product. All he needs to do is cut some drywall out in order to mount his new 60" LEDTV. |
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Quoted:
I am too poor to afford cheap, and I specified adelivery date because that's when I need it. If possible, I'd anticipate the delay. It's easier to build the extra cost into the bid or item and get it moving on schedule. Posted Via AR15.Com Mobile Quoted:
Quoted:
This is project management 101. The appropriate choice for the triple constraint depends on the project and which risk is most acceptable to the customer. There is no right answer. I am too poor to afford cheap, and I specified adelivery date because that's when I need it. If possible, I'd anticipate the delay. It's easier to build the extra cost into the bid or item and get it moving on schedule. Posted Via AR15.Com Mobile If the customer is charged an extra cost so he's not responsible for overruns you aren't getting it cheap. You are just paying someone else to insure the cost overrun. In the end, you are still just getting two. |
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Quoted: Its ok, I am too. I have only heard engineers use the speed-quality-price triangle before. Quoted: Quoted: Quoted: OP must be an engineer.         Its ok, I am too. I have only heard engineers use the speed-quality-price triangle before. I take it you are not a car guy The golden rule of cars- Cheap, fast, reliable. You can only have two of them |
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Then you are going to pay more for that than if you didn't have that clause. Quoted:
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I like "good product, on budget, and the contractor starts paying a certain amount for every day they are late on delivery." Then you are going to pay more for that than if you didn't have that clause. Hey, as long as we are blowing taxpayer money, who cares?
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