When I first started working, a company I was doing a project with had a simple drawing tacked on its door for all their clients to see. It looked like this:

I don’t know where the original idea came from, but I’ve carried this little nugget of wisdom with me ever since. I’m just surprised not more people know of it.
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I went to see a designer speak yesterday and he had the same handout.
It expanded on it a little further though:
Cheap + Fast = low quality
Cheap + Good = long time
Fast + Good = expensive
Makes absolute sense!