Project Management Triple Constraint
Many of the activities associated with project management can have a domino effect on the organization, as well as other projects. The interaction between time, scope, and cost can be seen as a triangle, with all the sides impacting the others as the project manager tries to maintain equilibrium among all the aspects. This triangle is known as the triple constraint. The concept is used as a framework to evaluate competing demands on the project, and these “demands” will vary by organization and by project. The value of the paradigm is to show the effects competing demands can have on a project.
For example, if a project is requested to be completed in a shorter time period than originally agreed upon, quality ...
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