estimating projects

[Charles Curley]

On Tue, 10 Jan 2012 11:05:58 -0700
Merrill Oveson <moveson at gmail.com> wrote:

> I've heard that if you go to get venture capital, the venture
> capitalist apply the rule of thirds.
> 
> 1) It will cost three times are much as the estimated cost
> 2) It will earn 1/3 the revenue as the estimated revenue
> 3) It will take 3 times longer than the estimated time

Just be glad you aren't in the film industry. The motto there is, "We
have plenty of time to do it over but not enough time to do it right."

-- 

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