PrinciplesOfProductDevelopmentFlow.EconomicView

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> Select actions based on quantified overall economic impact
 * E1: The Principle of Quantified Overall Economics**

> We can't just change one thing.
 * E2: The Principle of Interconnected Variables**

> If you only quantify one thing, quantify the cost of delay
 * E3: The Principle of Quantified Cost of Delay**

> The value added by an activity is the change in the economic value of the work product
 * E4: The Principle of Economic Value-Added**

> Watch the work product, not the worker
 * E5: The Inactivity Principle**

> Important trade-offs are likely to have U-curve optimizations
 * E6: The U-Curve Principle**

> Even imperfect answers improve decision making
 * E7: The Imperfection Principle**

> Influence the many small decision
 * E8: The Principle of Small Decisions**

> Economic choices must be made continuously
 * E9: The Principle of Continuous Economic Trade-offs**

> Many economic choices are more valuable when made quickly
 * E10: The First Perishability Principle**

> Inside every bad choice lies a good choice
 * E11: The Subdivision Principle**

> Create systems to harvest the early cheap opportunities
 * E12: The Principle of Early Harvesting**

> Use decision rules to decentralize economic control
 * E13: The First Decision Rule Principle**

> Ensure decision makers feel both cost and benefit
 * E14: The First Market Principle**

> Every decision has its optimum economic timing
 * E15: The Principle of Optimum Decision Timing**

> Always compare marginal cost and marginal value
 * E16: The Principle of Marginal Economics**

> Do not consider money already spent
 * E17: The Sunk Cost Principle**

> The value of information is its expected economic value
 * E18: The Principle of Buying Information**

> Don't pay more for insurance than the expected loss
 * E19: The Insurance Principle**

> High probability of failure does not equal bad economics
 * E20: The Newsboy Principle**

> To influence financial decisions, speak the language of money
 * E21: The Show Me the Money Principle**

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