"the art of project management. A mixture of administration, planning, experience, analysis, people-skills, political wrangling, leadership and a little bit of luck"

By Rod Hutchings MAppSc MAIPM MACS RegPM(MPD)

The triple constraint involves making tradeoffs between scope, time and cost for a project.  It is inevitable in a project life cycle that there will be changes to the scope, time or cost of the project. However where most projects fail is that when one of the areas changes and appropriate adjustments are not made to the other areas. 

For example, if a deadline is moved up, what actions are needed with regards to cost or scope to ensure the deadline is met without compromising the quality of the product.

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Showing comments 1 to 4 of 9 | Next | Last

projectmangement01
Posts: 9

Project Management Course
Reply #9 on : Mon August 03, 2009, 03:26:24

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Stephen Beaty
Posts: 9

Triple constraints
Reply #8 on : Thu April 23, 2009, 03:08:35

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very true, one of these usually wins the day and we all know which one carries the most weight - cost is usually the lead at the start, scope during the mid project crisis, and then time near the completion deadline - and the triple bottom line +1 of project management, is when the +1 of quality gets thrown out the window to satisfy the above scenario - is this too cynical?

joseph ghattas
Posts: 9

the triple constraint
Reply #7 on : Fri April 03, 2009, 19:26:10

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Scope what work will be done as part of the project? what unique product, service, or result does the customer or sponsor expert from the project? how will the scope be verified?
Time how long should it take to complete the project? what is the project's schedule? how will the team track actual schedule perfomance? who can approve changes to the schedule?
cost what should it cost to complete the project? what is the project the project's budget? how will costs be tracked? who can authorize changes perfomance? who can get? how will cost be tracked? who can authorize changes to the budget?

isfdplnw
Posts: 9

isfdplnw
Reply #6 on : Wed October 22, 2008, 23:12:15

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Showing comments 1 to 4 of 9 | Next | Last