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 When this failure occurs, it’s a mad scramble to decide where to compromise. Move the dates? Cut features? Cut corners on quality? 

In many orgs, this mad scramble at the end is the norm in product management. But in truth, it’s a symptom of a lack of organizational discipline. 
 @2836a58e I work in tech theatre and our saying goes "You can have it fast, cheap, or good. Pick two." Sounds like a similar proposition.