Topic > Notes on Project Management and Triple Constraints

Define the triple constraints that drive a project and provide an example of each constraint within a project. A project is defined between particular constraints such as time, cost and scope known as triple constraints. Time: The actual time required to complete the project. Time management is required at every stage of the project cycle such as project planning, execution and delivery. There are chances that the client requests to shorten the project duration, so definitely the project cost may increase or the project scope will decrease depending on the client's needs with optimal solutions. Cost: The funds needed to complete the project. Project cost should be managed on each project along with time quality and other components. Cost management helps to estimate costs, determine budget and control