The Joel Test
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Do you use source control?
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Can you make a build in one step?
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Do you make daily builds?
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Do you have a bug database?
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Do you fix bugs before writing new code?
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Do you have an up-to-date schedule?
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Do you have a spec?
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Do programmers have quiet working conditions?
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Do you use the best tools money can buy?
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Do you have testers?
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Do new candidates write code during their interview?
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Do you do hallway usability testing?