Your one non-renewable resource

Your one non-renewable resource

For any project, the three primary resources are time, money, and people. And with any project (and in life itself) the only resource that is non-renewable is time. You can always find more money and you can always add more people, but you can never recover time spent on a project. (Yes, you can add time to a project, but that just means the project finishes later; you haven't actually renewed time.)

Why does this matter? Because time is non-renewable, you should guard it very jealously. Not only your own time but anyone else working on the project. That means only "using" someone's time when you absolutely have to.

For example, are you having a meeting to discuss the project? Will the meeting involve only sharing of information or will it involve decision-making also? If it's only information sharing, more often than not the information can be shared by memo/email. Don't get ten people in a Zoom meeting for half an hour just to talk. That's time lost forever.

And should a decision come down to adding more time or adding more expense, always choose the latter. You can always find more money (renewable) but you can't renew time.

Wes's Wednesday Wisdom Archives

Action isn’t the same as progress

January 25, 2023

Action isn’t the same as progress I’ve written before that not taking action is an …

Action isn’t the same as progress Read More »

Start with the end in mind

January 18, 2023

Start with the end in mind Like so many, I probably first heard the phrase …

Start with the end in mind Read More »

It’s quiet in here…maybe TOO quiet…

January 11, 2023

It’s quiet in here…maybe TOO quiet… One of the truisms of data management is that …

It’s quiet in here…maybe TOO quiet… Read More »

It’s ALWAYS about expectations

January 4, 2023

It’s ALWAYS about expectations The headline reads: “Tesla sets record for vehicle deliveries, an increase …

It’s ALWAYS about expectations Read More »

It’s hard to get UNangry

December 14, 2022

It’s hard to get UNangry I often emphasize to my clients the importance of testing …

It’s hard to get UNangry Read More »

Some history IS important!

December 7, 2022

Some history IS important! When I’m advising clients on data conversion (moving data from one …

Some history IS important! Read More »

“Many mickles make a muckle.”

November 30, 2022

“Many mickles make a muckle.” “Many mickles make a muckle.” – George Washington Apparently, this …

“Many mickles make a muckle.” Read More »

It’s easy to collect; it’s harder to manage

November 16, 2022

It’s easy to collect; it’s harder to manage The beauty of today’s highly configurable AMS …

It’s easy to collect; it’s harder to manage Read More »

Tell them why you want the data

November 9, 2022

Tell them why you want the data Because data is so easy to collect these …

Tell them why you want the data Read More »

Don’t get hung up on something minor

November 2, 2022

Don’t get hung up on something minor I’m a problem solver. I love to solve …

Don’t get hung up on something minor Read More »

Scroll to Top