Speed vs. Quality

Sources:

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Untools⁠

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Product Management Mental Models for Everyone⁠

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How much you are willing to trade off speed vs. quality when implementing a decision depends on your confidence in:

the importance of the problem your solving, and

the correctness of the solution you’re building

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There are three basic outcomes:

Is your confidence in the problem importance low? Focus on speed.

Is your confidence in the problem and the solution high? Focus on quality.

Is your confidence in the problem importance high, but low in the solution? Balance both speed and quality.

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