10+ solution tradeoffs
A wise man once said there are no solutions. There are only tradeoffs.
1. Oppurtunity vs Oppurtunity
Opportunity Costs: Taking one opportunity means you may give up another opportunity
2. Time vs Quality
Reducing the time of delivery of a coding project. Increase the chances of an error.
3. Initiative vs Cost
To move from the status quo, there is a cost involved.
4. Offense vs Defence
The more time you spend attacking an opponent, the less time you will be able to defend yourself from other opponents
5. Time vs Money
More money you make, the less time you will have to yourself
6. Quality vs Cost
The lower quality talent you hire, the less will it cost, and the lower cost the quality of the output
7. Time vs Cost
The more time it takes to do a project, the more cost you will incur
8. Scale vs Change
The bigger your company gets, the harder it will get to adapt to new changes
9. Scale vs Price
The bigger your company gets, the more it will cost you to run that company
10. Controls vs Flexibility
More regulations and controls you put in, the less innovation and engagement
11. Controls vs Cost
The more controls you put in, the greater the cost to your company
Buercractic overhead to provide oversight and management increases costs and reduces the efficacy of the action. E.g. Charities, Special Commissions, Controls, Regulations, Middle management
12. Safety vs Productivity
The higher the safety procedures, the lower the efficiency
13. Risk vs Reward
The greater the risk, the greater the reward
14. Complexity vs Risk
The higher the complexity, the higher the risk of fraud and downstream impacts.
15. Present vs Future
Using resources in the present deprives you of that resource in the future.
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