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Essential product management skills
How to work effectively with cross-functional teams
How to identify and prioritize customer needs
The triple constraint factor
The triple constraint theory tells us that every project operates within the boundaries set by three constraints:
- Time (the deadlines)
- Scope ( the features)
- 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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Quality, risk and benefit in project management
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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Time constraints in project management
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:
- Plan schedule management.
- Sequence all of the different activities.
- D...
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Cost constraints in project management
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 ...
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Scope constraints in project management
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...
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