Question

Project managers are often faced with having to manage trade-offs between competing project objectives. For this discussion, address the following:

Describe the triple constraint. What are the three components and what is the relationship between them?

Provide a scenario for a project manager not having control over one or more of the constraints.

Support the post with appropriate citations and references.

Answer 1

Triple constraints

The triple constraint may be referred to the three inputs that ultimately governs the ability to deliver a project. The three commonly agreed upon constraints are budget, time, and scope.

• Budget

The permitted funds that can be used for the project completion. This involves all sub-categories that which money can be spent to complete the project. The most commonly used resources are materials and human capital.

• Time

The time which is needed to complete the project. This can be provided either as a deadline (time-constrained) or can be developed as a duration (calculated based on scope and available resources.)

• Scope

This indicates merely about the project deliverables. Alternatively this can be described as scope of work, the deliverable,a product or requirements. The final project deliverables May be something which tangible such as a building, computer software or designs to build a new line of clothing or intangible such as new processes for patient protocol in a doctor’s office.

The relationship among the three is that as the  one component increases one or the two other components must decrease for the project to succeed as per planned.

They are often drawn in a triangular shape to represent the relationship between them.

Scenario for a project manager  who is not having control over one or more of the constraints are

• If the project manager is unable to meet a sudden and immediate rise in cost, the project scope may shrink and the quality level may decline ultimately.
• If the project scope may  extends due to conditions like scope creep, the project manager did not have the time or resources to deliver the promised quality

Reference

http://cis1513fall1006.blogspot.com/2010/09/describe-triple-constraint-what-are.html?m=1

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