Management Triangle The project management triangle is a triple constraint model. It means that there are three elements that need to be considerd 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 nee to redesign the product packaging. To plan such work, you ned to consider three elements:
- how much time will you spend on developing a new design;
- how much money will be need 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 needed for its development.
Let’s say the project manager plans to spend a month
The Management Triangle , but during the process it becomes clear that cyprus phone number list the volume of work is growing due to unaccounte tasks. Because of this, the deadlines for completing the work are extendd 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 disrupte – the scale or content. After it, the others change, that is, the budget and the deadlines. If you are going to keep the triangle, you nee 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 rita asked to speak terms of task completion, their cost and volume of work. With the help of proper and detaile project planning, these factors are managd to balance the triangle.
Project quality is an additional characteristic that is the center of singapore lead the triangle. One of the goals of working with the triangle is the ability to manage all elements, maintaining the quality of the project. Therefore, sometimes this tool is calld differently – the quality triangle. If you break the triangle, the quality will leak out, that is, due to the break of the triangle and the imbalance of the three sides, the quality of the project decreases.
Element “time”
Time is one of the vertices or sides of the triangle, which denotes the total duration of the project. When it is necessary to plan the work, the project manager must set the deadlines for the tasks, then the duration of the project itself. The planne time of work can change due to external and internal circumstances.