The triple constraint theory in project management says every project operates within the boundaries of scope, time, and cost. A change in one factor will invariably affect the other two. See why having a plan keeps project constraints in check and helps you make better project decisions. The triple constraint theory is often referred to as the project management triangle. Each side or point of the triangle represents the triple constraints of project management: scope, time, and cost.
A Brief Explanation of the Triple Constraint in Project Management
The Reverse Triple Constraint of Troubled Projects - Henrico Dolfing
The authors stated that there are three questions a company needs to ask itself. In addition, companies should understand the difference between strategic planning and long range planning. The business case, plan and project plan sounds similar to some and interchangeably used wherever possible. The research paper clarifies the definitions of the business case, plan and project plan and describe how these are helpful in project design and analysis. The research paper also discusses how these three key functions work with each other, depend on each other and what are the differences between them. To give an idea to a reader about the business case, there will be two business case scenarios are considered in a particular business. To better understand the business cases, the background information of the business has been provided.
Triple Constraints in Project Management - Case Study Example
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