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PROJECT MANAGEMENT METHODS AND TECHNIQUES
Project Management Triangle

Оглавление

The Three Constraints are:

• Time required carrying out the project;

• Cost (money, people, budget);

• Scope (goals, tasks, quality).


An example of a good project development – The scope of work is met and even exceeded at lower costs and deadlines.


“PROJECT MANAGEMENT TRIANGLE” Diagram


An equilateral triangle with equal sides indicates the planned values for cost, time, and scope. The picture changes depending on the deviation from the baseline values.

Project results are measured at regular intervals.

Time is measured by the time spent on the project.

Actual expenses measure costs.

Scope is measured as a percentage of the planned and completed work.

Measured values on the reporting date are applied to the axes and generate a new triangle, which is different from the original equilateral triangle. Project Management Triangle is applicable to demonstrate intermediate and general project results.

IT Architecture from A to Z: Theoretical basis. First Edition

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