Previously we’ve explored the basics of project management and who you can hire as your project manager. In the first of those posts, we stated that the main challenge of project management is to achieve all of the project’s goals within any given constraints. Now we want to help you overcome that challenge by explaining the cost quality time triangle.
The Cost Quality Time Triangle
Three factors constrain every project:
It isn’t possible to have the highest quality build completed in a very short timescale on a limited budget.
A better understanding of this cost quality time triangle will help you set realistic expectations from the outset, in terms of your priorities. In this final post about project management, we share some tips for managing each of these three constraints.