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The project triangle perspective
Knowledge about and understanding the concept as a basis for understanding different aspects of project success/failure.
The project triangle illustrates three constraints or steering parameters in a project.
These constraints (Time and cost limits, and scope) are also a way of illustrating aspects of project efficiency, i.e. the project goal has to be obtained within these constraints. The three constraints affect each other, illustrated in the example below.
Example: A project construction project
- If the time constraint is exceeded, the costs and/or resources will usually also be exceeded
- If the scope constraints are exceeded, the costs and/or resources, and time, will usually also be exceeded
- If the cost constraint is exceeded, it can imply that the project will be finished earlier, or that more can be included in the scope.
This article is from the online course:
Plan for Project Success: Project Planning and Management:
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Plan for Project Success: Project Planning and Management:
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