If it is true that...

Planning is sometimes necessary but it's a response to unforgiving conditions

Then it must be true that...

Starting small and evolving a project is an alternative to planning in advance

If it is true that...

Planning is sometimes necessary but it's a response to unforgiving conditions

Then it must be true that...

Risk is proportionate to reward in an efficient market

If it is true that...

Planning is sometimes necessary but it's a response to unforgiving conditions

and

Risk is proportionate to reward in an efficient market

Then it must be true that...

A project that fails can still be valuable