June 5, 2004

Triple Constraints

The triple constraints in project management refer to the scope, time, and cost constraint of any project.

The scope constraint details the project requirements against the existing need of the project versus the expectations.

The time constraint addresses the timing and length of the project.

The cost constraint defines the total cost of the project both operating and implementation costs.

Posted by Elyse at June 5, 2004 9:57 AM | TrackBack
Comments

How does the concept of "risk" play into the theory of triple constraints? Risk management practitioners have floated the idea that risk must be considered on equal footing with scope, time and cost. Does this imply that risk is actually a fourth constraint to projects? Or is risk simply a sub-component of scope?
Your comments would be appreciated.

Posted by: Bill at August 8, 2004 10:17 AM

I don't really see risk as a constraint. Risks are things that are coming down the road in the future. They may have an impact on the project, and what you can do to alleviate them.

However, the risks will probably comprise the constraints of the project.

Another constraint to consider is stakeholder satisfaction.

Posted by: Elyse at August 11, 2004 11:09 PM

What are complementary constraints?

Posted by: RAM at January 23, 2006 11:54 PM
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