Interesting thoughts: Tolerance and the Triple Constraint
(No Ratings Yet)
Loading ...
What does you organization “tolerate”? This is an important question to ask because you will know where you have some flexibility, and you will know where you have risks and inflexibility. You may very well also find out where your organization is lacking, and where it needs some reform in its project management practices to become a much more streamlined, and lean operating machine. A useful tool for thinking about this is the triple constraint.
Another Perspective on the Triple Constraint
The triple constraint, where project cost, project quality, and project time (or project schedule) pose tradeoffs, is a very common project management concept. An interesting thing about the triple constraint is that it manifests itself differently in different organizations, and cultures.Read more interesting thoughts here: http://pmcrunch.com/project_management_process/tolerance-and-the-triple-constraint/
As I said, interesting thoughts - though, I always use/see the triangle as time/cost/scope, with quality in the center..
mmm.. I love the smell of project management in the morning!
Posted by Raven Young at Raven's Brain under Project Management
Technorati tags: Project Management, Triple Constraint, Iron Triangle, Cost, Time, Scope, Project Quality
Comments
Got something to say?
[More Help]