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    Project Management Triple Constraint

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    Noe H. Morales
    The document discusses the project management triple constraint of time, cost, and scope. It explains that most projects have constraints on time (deadlines), cost (budgets), and scope (objectives). There must be a balance between these three factors, as adjusting one affects the others. For example, decreasing cost may increase time and decrease scope. The triple constraint illustrates that quality depends on properly managing scope, time, and cost.

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    Project Management Triple Constraint

    Uploaded by

    Noe H. Morales
    197 views4 pages
    The document discusses the project management triple constraint of time, cost, and scope. It explains that most projects have constraints on time (deadlines), cost (budgets), and scope (objectives). There must be a balance between these three factors, as adjusting one affects the others. For example, decreasing cost may increase time and decrease scope. The triple constraint illustrates that quality depends on properly managing scope, time, and cost.

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    Summary of the Project Management Triple Constraint

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    The document discusses the project management triple constraint of time, cost, and scope. It explains that most projects have constraints on time (deadlines), cost (budgets), and scope (objectives). There must be a balance between these three factors, as adjusting one affects the others. For example, decreasing cost may increase time and decrease scope. The triple constraint illustrates that quality depends on properly managing scope, time, and cost.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    197 views4 pages

    Project Management Triple Constraint

    Uploaded by

    Noe H. Morales
    The document discusses the project management triple constraint of time, cost, and scope. It explains that most projects have constraints on time (deadlines), cost (budgets), and scope (objectives). There must be a balance between these three factors, as adjusting one affects the others. For example, decreasing cost may increase time and decrease scope. The triple constraint illustrates that quality depends on properly managing scope, time, and cost.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 4

    Project Management Triple

    Constraint
    Time/Cost/Scope

    CIT PROJECT MANAGEMENT


    January 10, 2014
    Authored by: No H. Morales

    Project Management Triple Constraint


    Time/Cost/Scope
    Overview
    The accomplishment of many structures, events, products, and even the creating of an organization
    involved planning, tracking of tasks and resources, and a deadline in order to successfully deliver a highquality product. These characteristics are what describe the management of a project and other details that
    are involved. The majority of these projects have certain constraints such as a deadline (Time), budget
    (Cost), and the main objective (Scope). This trilemma, as it is sometimes referred as has an effect on the
    process and results of the project, where a balance must be decided according to the priorities of the project
    manager and stakeholders. An illustration of these aspects of project management can be shown in Figure
    1.

    Project Management Triple Constraint | 1/10/2014

    F IGURE 1.Q UALITY DEPENDENT ON S COPE , T IME AND C OST .

    Scope
    There are usually two aspects of scope, product scope and project scope. Product scope involves a tangible
    item that have certain features or functions that are expected by the customer. It could also involve a
    service that customer can be satisfied and will be interested in continuing the purchase of the product.
    While project scope involves the actual work that is needed to deliver the product; these may include tasks
    and phases during the project. Typically, a scope is bases on certain constraints that the project
    management and the employees must be aware throughout the planning and execution.

    Time
    A typical project usually has a deadline, compared to an ongoing operation, which does not necessary have
    an accomplishment date. Projects have a deadline that is well-known among those who have an invested
    interest in the project. Although the exact date of completion is unknown, the deadline can help make a
    window for this date.

    Cost

    The resources necessary to complete the project will vary depending on availability. These may include
    peoples skills, equipment, and even peoples attention on the project. These costs can become a crucial
    aspect of the project in some instance; however, when any adjustments are made, others will be affected.
    This can be shown in the following diagrams, Figure 2-4.

    F IGURE 3. A DJUSTMENT OF T IME C AN H AVE AN E FFECT ON C OST AND / OR S COPE .

    F IGURE 4. W HEN C OST I S D ECREASED , T HE D URATION M AY B E I NCREASED AND D ECREASE S COPE .

    Project Management Triple Constraint | 1/10/2014

    F IGURE 2. A DJUSTMENT OF S COPE AND H OW OTHERS ARE A FFECTED .

    Bibliography
    Chatfield, C., & Timothy, J. (2014). A short course in project management. Retrieved January 10, 2014, from Microsoft
    Project Management: http://office.microsoft.com/en-us/project-help/a-short-course-in-projectmanagement-HA010235482.aspx
    Minkiewicz, A. (2014). Selling your Software Estimate. Retrieved January 10, 2014, from Cyber Security & Information
    Systems Information Analysis Center: https://www.thecsiac.com/journal_article/selling-your-softwareestimate#.UtArT_RDt8E

    Project Management Triple Constraint | 1/10/2014

    Project Management Triangle. (2013, December 20). Retrieved from Wikipedia:


    http://en.wikipedia.org/wiki/Project_management_triangle#cite_note-11

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