3 Main Triple Constraints in Project Management

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Introducing the triple constraints in Project Management

In my previous article, I have looked at the definition of project management. I made it clear in that article that project has a timeframe. It has the time that it starts and the time that it ends. Also, I said it in that article that all projects are unique. If you have two build that are similar in nature. Since they are not standing on the same land, you cannot say that they are the same. They are definitely standing on different land. That is why they are unique in nature. In this article, I want to quickly talk about the concept of triple constraints in project management profession.

The triple constraints in project management consist of time, cost and scope. They are referred to as triple constraints because a change in one will always affect the other one. Take, for example, a construction project that supposed to last for 30 days now drag to 45 days, it will definitely increase the cost of the project.

Examining Triple Constraints in Project Management

You should know that there are other constraints for a project such as resources and risks among others but the main one remains cost, time and scope. As a project manager, you are not expected to compromise on quality. You have to give the customers or the end users the exact quality that they are expecting from your project. If the quality has to change, it has to be in agreement with the stakeholders who are expecting you to fail in their expectation from the project.

At this juncture, let me tell you all the knowledge areas in project management.

  1. Integration Management
  2. Define project charters
  3. Develop project management plan
  4. Direct and manage project work
  5. Perform Integrated Change Control
  6. Close Project or phase
  7. Scope Management
  8. Plan scope management
  9. Collect requirements
  10. Define scope
  11. Create WBS
  12. Validate Scope
  13. Control Scope
  14. Time Management
  15. Plan Schedule Management
  16. Define activities
  17. Sequence activities
  18. Estimate activity resources
  19. Estimate activity duration
  20. Develop schedule
  21. Control Schedule
  • Cost Management
  • Plan cost management
  • Estimate costs
  • Determine budget
  • Control costs
  • Quality Management
  • Plan Quality Management
  • Perform Quality Assurance
  • Create Quality
  • Human Resource Management
  • Plan Human Resource Management
  • Acquire Project team
  • Develop project team
  • Manage project team
  • Communication Management
  • Plan communication management
  • Manage communication
  • Control communication
  • Procurement management
  • Conduct procurement
  • Control procurement
  • Close procurement
  • Risk Management
  • Plan risk management
  • Conduct procurement
  • Control procurement
  • Close procurement
  • Stakeholder management
  • Identify stakeholders
  • Manage stakeholder engagement
  • Plan stakeholder management
  • Control stakeholder management

I will talk more in details in my next articles. If you plan writing PMP exam, you need to know how this process leads to one another in order to pass your exam in flying articles.

 

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