How Does the Triple Constraint Work?
How to Manage the Triple Constraint
Tools to Manage the Triple Constraint
The triple constraint of project management has been given many names – the Project Management Triangle, Iron Triangle, and Project Triangle – which should give you an idea of how important the Triple Constraint is when managing a project. If you’re managing a project, then you’re working with the Triple Constraint.
Therefore, it can be easily argued that the Triple Constraint might be the single most important concept in the history of project management. When used in combination with effective project management software, it can give you the ability to drive your projects to success.
So, what is the Triple Constraint? That’s easy, it’s a model of the constraints inherent in managing a project. Those constraints are threefold:
COST, CUSTOMER,SCHEDULE,SATISFACTION,SCOPE
What is the project management triangle or the triple constraint?