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The triple constraint factor

The triple constraint factor

The triple constraint theory tells us that every project operates within the boundaries set by three constraints:

  1. Time (the deadlines)
  2. Scope ( the features)
  3. Cost (the budget)

These constraints are inter-connected. If you change something about one of them, the other two will be impacted as well. A manager has to find the best combination of these three constraints.

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MORE IDEAS FROM THE SAME ARTICLE

The scope of the project is defining the tasks and activities that are being done in the project development process.

The scope document includes:

  • All the details of the project development process from start to finish.
  • A trajectory in which the...

Each task and process in the project have a scheduled time allocated for their completion.

Steps for managing the schedule of the project development process:

  1. Plan schedule management.
  2. Sequence all of the different activities.
  3. D...

The budget processes related to the project include estimating the cost of all the little parts.

Methods to estimate the cost of the project.

  • Use historical data. Track and analyze a project similar to yours, which have been developed in ...

In recent years, constraints beyond the triple constraint factor have been discovered. They are:

  • Quality. The project should be developed according to the quality agreed in the project scope.
  • Risk. Risk and scope creeps are "silent" killers ...

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