Project

Keywords: #project #triplerestriction #time #scope #cost

• 🔍 What is a project? It is a complex job with a well-defined start and reaches its closure once the project objective is met.

• 📊 What is the triple restriction? Time, scope & cost.

• 💡 What does the triple restriction stand for?

  • ⏰ Time: means a start and a closure.

  • 📝 Scope: work that needs to be done to meet the goal.

  • 💰 Cost: resources to accomplish a goal.

• ❓ Why is the triple restriction important? Because if one attribute changes it affects the rest.

Key takeaway: a project is a complex endeavor with a clear start and finish once the objective is reached. Three attributes affect the project: time (start and finish), scope (work that can be done) & cost (resources needed for the goal), if one is altered it affects the rest.