The 80% Rule
The first 80 % of a project often takes up to 50% of your time. You are on a roll and you keep putting off the niggly bits 'til later, as all good management guides recommend.
The last 20% can take more than 50% of your time. Its the niggly stuff and often it shows that maybe we should have done things a bit differently from the start.
Quality counts for a lot in business, but some projects can operate perfectly well at 80% capacity.
So before the perfectionist in you takes complete control, it is worth asking whether the whistles and bells are worth the extra time and money involved?
I have noticed that many internet start-ups launch in Beta. This is a great example of the 80% rule in action. The bones of the project are rolled out relatively quickly.
The beauty is that everybody knows that its not the final product. It opens up a dialogue with your clients.
The start up team gets lots of user feedback and can spend the remaining time and budget making sure the final product fits the customers needs in the real world.
Marvellous!! Now can we apply this model to other products, services, and industries?
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