Tag Archives: Technical Leadership

Breaking the Build and the Bias: How to Overcome Sunk Cost Thinking in Tech

Sunk Cost Fallacy in Software Projects The sunk cost fallacy is the tendency to continue investing in a project or decision based on the time, money, or resources already spent, rather than current and future value. This can lead to … Continue reading

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The Pareto Principle (80/20 Rule) for Product Managers and Software Engineers

The Pareto Principle, also known as the 80/20 rule, is a powerful concept that can significantly benefit software engineers and product managers in their roles. For Product Managers Feature Prioritization. The Pareto Principle is invaluable when determining which features to … Continue reading

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