Triple Constraints of Project Management

Triple Constraints Of Project Management

Scope: Scope is the features that are originally planned to enter the project and can change dependent on the scenario and can increase in size or decrease dependent on the other factors.

Cost: How much the resources within the project cost and this can increase or decrease dependent on other factors.

Time: Time is how long it takes to complete milestones within the project or the overall project.

Time reduces: If time reduces the cost of the project will have to increase to gain more workforce or the scope will have to decrease by losing features to speed the project up yet that will sacrifice the final projects quality.

Budget Reduces: If the budget decreases the time will have to be extended to complete the project as the amount of resources will wear thin and no new staff can be hired due to no money. The scope will also have to decrease losing features as due to the budget being decreased there won't be enough resources to fully complete the project.

Scope Increases: If the scope increases this will increase the budget as more materials/resources will need to be purchased and extra labour to add in the new features to the already designed product, and the time length to release will have to be put at a higher amount as deadlines will be knocked due to additional extra features.