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Unit 9: Collaborating on Project Management




          9.3.1 The Three Constraints                                                           Notes

          The three constraints in a project management triangle are time, cost and scope.
















          1.   Time: A project’s activities can either take shorter or longer amount of time to complete.
               Completion of tasks depends on a number of factors such as the number of people working
               on the project, experience, skills etc.
               Time is a crucial factor which is uncontrollable. On the other hand, failure to meet the
               deadlines in a project can create adverse effects. Most often, the main reason for
               organizations to fail in terms of time is due to lack of resources.
          2.   Cost: It’s imperative for both the project manager and the organization to have an estimated
               cost when undertaking a project. Budgets will ensure that project is developed or
               implemented below a certain cost.
               Sometimes, project managers have to allocate additional resources in order to meet the
               deadlines with a penalty of additional project costs.
          3.   Scope: Scope looks at the outcome of the project undertaken. This consists of a list of
               deliverables which need to be addressed by the project team.
               A successful project manager will know to manage both the scope of the project and any
               change in scope which impacts time and cost.
















          9.3.2 Quality

          Quality is not a part of the project management triangle, but it is the ultimate objective of every
          delivery. Hence, the project management triangle represents implies quality.
          Many project managers are under the notion that ‘high quality comes with high cost’, which to
          some extent is true. By using low quality resources to accomplish project deadlines does not
          ensure success of the overall project.
          Like with the scope, quality will also be an important deliverable for the project.




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