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The most unsuccessful three years in the education of cost estimators appears to be fifth-grade arithmetic.
Norman Ralph Augustine
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Norman Ralph Augustine
Age: 89
Born: 1935
Born: July 27
Author
Businessperson
Denver
Colorado
Norman R. Augustine
Norman Augustine
Cost
Education
Three
Unsuccessful
Years
Arithmetic
Fifth
Grade
Grades
Appears
More quotes by Norman Ralph Augustine
It is very expensive to achieve high unreliability. It is not uncommon to increase the cost of an item by a factor of ten for each factor of ten degradation accomplished.
Norman Ralph Augustine
The process of competitively selecting contractors to perform work is based on a system of rewards and penalties, all distributed randomly.
Norman Ralph Augustine
Two-thirds of the Earth's surface is covered with water. The other third is covered with auditors from headquarters.
Norman Ralph Augustine
Law Number V: One-tenth of the participants produce over one-third of the output. Increasing the number of participants merely reduces the average output.
Norman Ralph Augustine
If stock market experts were so expert, they would be buying stock, not selling advice.
Norman Ralph Augustine
One should expect that the expected can be prevented, but the unexpected should have been expected.
Norman Ralph Augustine
The more time you spend talking about what you have been doing, the less time you have to do what you have been talking about. Eventually, you spend more and more time talking about less and less until finally you spend all of your time talking about nothing.
Norman Ralph Augustine
People working in the private sector should try to save money. There remains the possibility that it may someday be valuable again.
Norman Ralph Augustine
Simply stated, it is sagacious to eschew obfuscation.
Norman Ralph Augustine
The weaker the data available upon which to base one's conclusion, the greater the precision which should be quoted in order to give the data authenticity.
Norman Ralph Augustine
Law Number XV: The last 10 percent of performance generates one-third of the cost and two-thirds of the problems.
Norman Ralph Augustine
It's easy to get a loan unless you need it.
Norman Ralph Augustine
Hardware works best when it matters the least.
Norman Ralph Augustine
Motivation will almost always beat mere talent.
Norman Ralph Augustine
One of the most feared expressions in modern times is 'The computer is down.'
Norman Ralph Augustine
All too many consultants, when asked, 'What is 2 and 2?' respond, 'What do you have in mind?'
Norman Ralph Augustine
We believe in the wisdom once expressed by the hockey star Wayne Gretzky, who explained his success by saying, 'I skate to where the puck is going to be, not where it has been.'
Norman Ralph Augustine
People do not win people fights. Lawyers do.
Norman Ralph Augustine
By the time the people asking the questions are ready for the answers, the people doing the work have lost track of the questions.
Norman Ralph Augustine
Law Number XIV: After the year 2015, there will be no airplane crashes. There will be no takeoffs either, because electronics will occupy 100 percent of every airplane's weight.
Norman Ralph Augustine
