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In the Planning Game, the play is not quite so simple as the description above might suggest. As each team discusses a feature from their perspective (cost vs. value), the requirements for that feature can come into clearer focus, or be negotiated to reduce their cost.
More often, what I have experienced is the "Crying Game": whoever cries the loudest gets their way. The outcome of the Crying Game is not a good one. Either arbitrary and unrealistic deadlines are set by customers, or the wrong solution is provided by the developers. The crying doesn't end there; everyone is crying later as the recriminations fly back and forth. The moral of the story is that internal cooperation yields a lot more business value than internal competition.
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