Project Management Triangle

Project Management Triangle

illustrates the interdependent relationship between three primary constraints in project management

Scope

The specific objectives, deliverables, and features of a project

Cost

The total budget allocated for the project

Time

The scheduled duration for project completion.

Scope Changes

Expanding the scope may require more time and increased costs, reducing can lead to cost savings and shorter timelines.

Budget Adjustments

increasing can facilitate a broader scope or faster completion, decreasing can can limit the scope and extend the timeline

Timeline Modifications

Tight deadlines may mean increased costs or reduced scope, extended timelines can allow a more wide range scope within budget