Cheap, Fast, or Good? The Triple Constraint of Project Management
When you start planning a new project you need to consider the three main constraints that apply to almost every project management scenario: price, deadline, and scope. Each aspect negatively constrains the other two. A low-budget project can rarely command the work hours needed to complete work within a short deadline. A complex project requires a more flexible budget and schedule. It is up to you, as project manager, to determine if your project needs to be “cheap, fast, or good.”
It’s not a good idea to bluntly ask a client if they want their project “cheap, fast, or good.” Most clients will insist that you deliver on all three. While it may feel intuitive to try and perfectly balance the constraints in your project plan, it is more effective to… Continue reading...
Top 5 Tips For Your Upcoming Project
Implementing a big project in your company can be a huge undertaking, but it doesn’t have to be overwhelming.
Follow these 5 tips of wisdom from our project manager Stacy, and your project will be well on its way to a successful completion.
- Know Where You Are Now: In order to get where you’re going, you have to know where you are now. To drive to point B, you must know point A. What is your current situation? What does it look like? Why are you deciding to start a project?
- Know Where You Want To Be: Define your requirements. Make sure you get input from all of your stakeholders- that can be end users, owners, customers, etc. What will it look like when you’ve achieved your
