Flashcards

Adding new team members to an already late project will create even more delays under certain conditions.

According to Goodhart's law, when a measure becomes a target, it ceases to be a good measure. Said differently, when people focus on reaching a target, their behaviours and actions change in a way that can make the target ineffective or harmful.

The Dunning-Kruger effect is a cognitive bias in which people with little knowledge or ability about a given topic tend to overestimate said knowledge or ability. On the contrary, people with deep knowledge or ability tend to underestimate them.

Any organisation that designs a system (defined broadly) will produce a design whose structure is a copy of the organisation's communication structure.

The Sunk Cost Fallacy is the tendency to continue a project in which we have already invested time, effort or money, minimising downsides and new information in the process.

Shape Up is a Product Development methodology created by Ryan Singer at Basecamp. It differs from traditional methodologies in its long development cycles, the absence of product backlog and code estimates, and prioritisation model based on high-level requirements.

Deep work is work performed in a state of distraction-free concentration to produce meaningful output

Mental models are intellectual tools and frameworks, similar to algorithms, allowing us to make sense of a situation or solve a problem.

A structured onboarding process allows organisations to transfer within a set deadline, the necessary knowledge, skills and behaviours required for new hires to perform autonomously in their new role.

Systems Thinking is a mental model you can use to solve complex problems by representing them in the form of stocks and flows.