I've always told my managers that building software is a trade off. We can do things cheaply, or we can do them quickly, but we can rarely do both. We can certainly fail in both ways, and many people do, but I usually see the need to trade time for money, or vice versa, when building software.
Building a piece of software cheaply and quickly isn't mutually exclusive. It can routinely be done by narrowing (trading off) the scope of the deliverable and keeping the stakeholders and requirments to a minimum.
"Do not seek to follow in the footsteps of the wise. Instead, seek what they sought." - Matsuo Basho