{"id":678,"date":"2022-01-26T19:11:00","date_gmt":"2022-01-27T02:11:00","guid":{"rendered":"https:\/\/www.wanhow.com\/projectmanagercoach\/?p=678"},"modified":"2022-01-28T19:20:40","modified_gmt":"2022-01-29T02:20:40","slug":"complexity-versus-scarcity","status":"publish","type":"post","link":"https:\/\/www.wanhow.com\/projectmanagercoach\/complexity-versus-scarcity\/","title":{"rendered":"Complexity versus Scarcity"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"888\" src=\"https:\/\/www.wanhow.com\/projectmanagercoach\/wp-content\/uploads\/2022\/01\/Complexity-vs-Scarcity-no-branding-1024x888.jpg\" alt=\"\" class=\"wp-image-680\" srcset=\"https:\/\/www.wanhow.com\/projectmanagercoach\/wp-content\/uploads\/2022\/01\/Complexity-vs-Scarcity-no-branding-1024x888.jpg 1024w, https:\/\/www.wanhow.com\/projectmanagercoach\/wp-content\/uploads\/2022\/01\/Complexity-vs-Scarcity-no-branding-300x260.jpg 300w, https:\/\/www.wanhow.com\/projectmanagercoach\/wp-content\/uploads\/2022\/01\/Complexity-vs-Scarcity-no-branding-768x666.jpg 768w, https:\/\/www.wanhow.com\/projectmanagercoach\/wp-content\/uploads\/2022\/01\/Complexity-vs-Scarcity-no-branding-1536x1332.jpg 1536w, https:\/\/www.wanhow.com\/projectmanagercoach\/wp-content\/uploads\/2022\/01\/Complexity-vs-Scarcity-no-branding-2048x1776.jpg 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>According to Peter Drucker, &#8220;Time is the scarcest resource and unless it is managed, nothing else can be managed.&#8221; He didn\u2019t say that time is easier to manage than budget or scope. Depending on the project, the most complex thing to manage could be the budget, the scope, the quality, or the people. However, you need to carve out time from your busy schedule to manage the most complex thing.<\/p>\n\n\n\n<p>On the opposite end of scarcity is abundance. What does your project have in abundance? Is it an approved budget with a buffer? Then maybe you can move budget into the \u201cDon\u2019t Worry\u201d quadrant. Plot scarcity-abundance against complexity to find out where you should spend most of your time on.<\/p>\n\n\n\n<p>For a simple time management technique, check out <a href=\"https:\/\/www.wanhow.com\/projectmanagercoach\/work-wiser-6-4d-time-management\/\">4D Time Management<\/a>.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to Peter Drucker, &#8220;Time is the scarcest resource and unless it is managed, nothing else can be managed.&#8221; He didn\u2019t say that time is easier to manage than budget or scope. Depending on the project, the most complex thing to manage could be the budget, the scope, the quality, or the people. However, you &#8230; <a title=\"Complexity versus Scarcity\" class=\"read-more\" href=\"https:\/\/www.wanhow.com\/projectmanagercoach\/complexity-versus-scarcity\/\" aria-label=\"More on Complexity versus Scarcity\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v23.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Complexity versus Scarcity | Project Manager Coach<\/title>\n<meta name=\"description\" content=\"Time is the scarcest resource. 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