The project management triangle is a triple constraint model. It means that there are three elements that ne to be consider when planning and managing a project.
These are key factors that affect the quality of task execution and the success of the project. For example, you ne to resign the product packaging. To plan such work, you ne to consider three elements:
- how much time will you spend on developing a new design;
- how much money will be ne to pay for the designers’ work;
- what will be the requirements for the project content, that is, what should the new packaging design be like, what is ne for its development.
Let’s say the project manager plans to spend a month on the resign, but during the process it becomes clear that the volume of work is growing due to unaccount tasks. Because of this, the deadlines for completing the work are extend by a week, and the costs of salaries for designers are growing.
In this case, due to several additional tasks
One element of the triangle is disrupt – the scale or phone number list content. After it, the others change, that is, the budget and the deadlines. If you are going to keep the triangle, you ne to plan the project in detail and take into account the circumstances that affect each parameter of the triangle.
The project management triangle allows you to set all the constraints in terms of task completion, their cost and volume of work. With the help of proper and how to use the cash app – a beginner’s guide detail project planning, these factors are manag to balance the triangle.
Why Use the Project Management Triangle
The project triangle allows you to track the relationship between the volume, timing, and cost of the project. With its help, you can find a balance of the main america email list characteristics to get the desir result without losing quality. Imagine that you are planning to work on launching the company’s accounts on social networks. You want to stay within the budget – 100,000 ₽. The other parameters – project timing, volume – have to be adjust to the cost.