describe the triple constraint. Provide an introductory paragraph to describe tr
ID: 348054 • Letter: D
Question
describe the triple constraint. Provide an introductory paragraph to describe triple constraint, then a minimum of 2 paragraphs each to sufficiently describe the terms (scope, time, and budget). As part of your description of the terms, briefly discuss how a change in one constraint could affect the other two constraints. Do this for all three terms. For example, a change in the scope of a project will change the cost and schedule of the project. More scope would most likely result in a greater budget and a longer project schedule. What are other implications you can discuss?
Explanation / Answer
describe the triple constraint- There are 3 most important constraints in a project a. Scope , b. Time and c. budget. The combination of all three is called triple constraint.
Scope - The amount of work required to be done both in terms of quality and quantity to satisfy the requirements of stakeholders is termed as scope of project. It has two parts depth and breadth of the project. Depth means how much detailing it covers and breadth means the number of distinct elements that are there. An increase in scope will mean increanse in budget and / or increase in time required..
Budget - Simply means that the amount of money that one is willing to spend to fulfil the scope. sometimes other resources such as Manpower are also budget but ultimately they also are calculated in dollar terms. A project which is thin on budget may have to limit its scope or buy out more time to gather significant resources
Time - simply put it is the time required to finish the project in its entirety. But in general times for various subprocesses are also defined. A project that is low on time may have to complete itself by limiting scope or to buy more resources.
Other implications are that since all 3 impacts each other it is generally practised to compromise on one parameter to satisfy other two. Hence 2 constraints out of 3 are eliminated
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