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The process of competitively selecting contractors to perform work is based on a system of rewards and penalties, all distributed randomly.
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
Penalties
Perform
Rewards
Competitively
Based
Contractors
System
Randomly
Process
Contractor
Work
Selecting
Distributed
More quotes by 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 do not win people fights. Lawyers do.
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
If stock market experts were so expert, they would be buying stock, not selling advice.
Norman Ralph Augustine
Law Number XVI: In the year 2054, the entire defense budget will purchase just one aircraft. This aircraft will have to be shared by the Air Force and Navy 3-1/2 days each per week except for leap year, when it will be made available to the Marines for the extra day.
Norman Ralph Augustine
Too often technology is perceived as the problem rather than the solution as something to be avoided rather than embraced. This is about as logical as my daughter's observing, while our family was driving through an unfamiliar city, Trying to read a map while driving causes all the traffic lights to turn green.
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
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
Law Number XXXII: Hiring consultants to conduct studies can be an excellent means of turning problems into gold, your problems into their gold.
Norman Ralph Augustine
Law Number IX: Acronyms and abbreviations should be used to the maximum extent possible to make trivial ideas profound ... Q.E.D.
Norman Ralph Augustine
It's easy to get a loan unless you need it.
Norman Ralph Augustine
If you can afford to advertise, you don't need to.
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
One of the most feared expressions in modern times is 'The computer is down.'
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
One should expect that the expected can be prevented, but the unexpected should have been expected.
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
Simple systems are not feasible because they require infinite testing.
Norman Ralph Augustine
For every scientific (or engineering) action, there is an equal and opposite social reaction.
Norman Ralph Augustine
The more one produces, the less one gets.
Norman Ralph Augustine
