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Friday
Jan082010

Getting it Done

Project Management - Tyranny of the Triangle

The Core Idea

Projects always have constraints, and there are three major ones, forming the ‘project management triangle’.

You can’t change one side of the triangle without having an effect on the other two.

The three constraints are:

Time - the hardest to control

Cost - soars when time is all-important

Scope - what the project is supposed to accomplish

Juggling all three is not easy.

As the cynics say: ‘pick two - good, fast or cheap’.

From the book: 50 Management Ideas You Really Need to Know by Edward Russell-Walling

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