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The Triple Constraints
By Eddie Merla, PMP ®
The triple constraints for projects are: the
project requirements (scope), the schedule, and the costs (or
budget) for the project. Once you have established these three
parameters for a project, they become the baseline for the project
and can be used to determine variance. There is also a direct
relationship among these three constraints. If you increase scope,
you most likely will have to extend your schedule and increase your
budget. If you decrease your budget, you most likely will have to
reduce your scope. If you shorten your schedule, you will either
have to cut back on your scope, or add resources, thereby increasing
your budget.
When do these constraints become established
for a project? Well, it depends. The project methodology for an
organization will determine when these constraints become
established. Typically, “ballpark” estimates of scope, cost &
schedule are determined during the initiation of a project.
“Baselines” for scope, cost, and schedule would typically be
established through the planning processes.
Can baselines be changed? Yes, of course.
Formal project methodologies usually allow formal changes to project
baselines through change management procedures. The PMBOK®
identifies these processes in the “Monitoring and Controlling”
process group.
FYI, sometimes the triple constraints are also
called the “project triangle” or the “iron triangle.”
The triple constraints become formalized
through the planning processes and ultimately become the three
primary baselines: the Scope baseline, the Schedule baseline and
the Cost Performance baseline.
Click here for
diagram
© 2010
Eddie Merla, PMP®
Article provided by:
Duende Project Management Services, a provider
of Project Management Training and PMP® preparation products.
http://www.pmstudyproducts.com
PMI®, PMP®, and PMBOK® are registered certification trademarks
of the Project Management Institute, Inc.
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