A triple
constraint consists of balancing scope, time and cost
goals. This helps project managers to manage projects in a more
successful and effective way by taking a disciplined approach.
Scope is what work will be
done in the project in order to benefit the project, the sponsor(s), and
consumers relating to the product of service.
Time is how long the
project manager and their team need to be able to finish the expectations for
the project by creating specific time frames for every part of the
project.
Cost is the budget provided
from stakeholders towards the project. It’s necessary to for project managers
to know what their cost will be so that they can work out what they can or
cannot do within the project.
The relationship between scope, time, and cost is indisputable when it comes to the success of a project, because one can’t work without the other. Project managers should know what goal is more important for the project in order to accommodate the other two goals according to the project’s main need. For instance, if a person is given a project to bake 1000 cookies in one day, their main goal would be “time”; therefore, the baker would need to accommodate the other goals to finish the 1000 cookies within the given time frame.
The relationship between scope, time, and cost is indisputable when it comes to the success of a project, because one can’t work without the other. Project managers should know what goal is more important for the project in order to accommodate the other two goals according to the project’s main need. For instance, if a person is given a project to bake 1000 cookies in one day, their main goal would be “time”; therefore, the baker would need to accommodate the other goals to finish the 1000 cookies within the given time frame.
I'm a big fan of outlines, and backwards-planning. And of course, how does any outline not cover scope, by default? One might say that virtually any successful business template, is going to include different versions of the same things, and perhaps the only real differences, will be priorities.
ReplyDeleteThe bulk of my own experience, is in regards to time, and resources. Scope was one of those things, as such that you just did the very most, the very best, that you possibly could. Whatever the result was- so long as it satisfied the minimum scrutiny and review- was enough (let's agree that not all business utilize the same methodologies).
I see the wisdom in using the triple constraint as a general template, with the understanding that even though not all of the points in that model may always be used, they should always be considered, and there should always be simple contingencies in place, should something change.
Good! Pf. Forman
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