FIRE project management (contractor policy):
Fast- divide the project into smaller tasks that can be completed quickly.
Inexpensive- maintain a small budget and aim to solve problems with your own creative thinking before throwing money at it. This principle is about quality over quantity.
Restrained- ensure you stay in control of the project. Hold regular meetings, meet ups and maintain a small budget
Elegant- The principles of less is more. Done correctly simple projects are much more effective than complicated ones as they ensure success and high quality results.