Occam’s Razor A problem-solving principle states that among competing hypotheses that predict equally well, the one with the fewest assumptions should be selected. Other, more complicated solutions may ultimately prove to provide better predictions, but—in the absence of differences in predictive ability—the fewer assumptions that are made, the better.
Pareto Principle Also known as the 80/20 rule.
Parkinson’s Law Any task will inflate until all of the available time is spent.
Sturgeon’s Law “Ninety percent of everything is crap.” Sturgeon’s law tells us the easy way to do things is to make them crappy. It’s very hard to make something good. There’s a decision to be made –which option will you choose. When you take the easy way out, you generally produce crap.
Created by: Joe Steinkamp | Last updated by: Joe Steinkamp