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Project management triangle. The project management triangle (called also the triple constraint, iron triangle and project triangle) is a model of the constraints of project management. While its origins are unclear, it has been used since at least the 1950s. [1] It contends that:
SCADA. v. t. e. The theory of constraints ( TOC) is a management paradigm that views any manageable system as being limited in achieving more of its goals by a very small number of constraints. There is always at least one constraint, and TOC uses a focusing process to identify the constraint and restructure the rest of the organization around it.
Project management is the process of leading the work of a team to achieve all project goals within the given constraints. [1] This information is usually described in project documentation, created at the beginning of the development process. The primary constraints are scope, time, and budget. [2] The secondary challenge is to optimize the ...
Earned value management is a project management technique for measuring project performance and progress. It has the ability to combine measurements of the project management triangle: scope, time, and costs. In a single integrated system, EVM is able to provide accurate forecasts of project performance problems, which is an important aspect of ...
Project planning resource leveling is the process of resolving these conflicts. It can also be used to balance the workload of primary resources over the course of the project [s], usually at the expense of one of the traditional triple constraints (time, cost, scope). When using specially designed project software, leveling typically means ...
Construction management ( CM) aims to control the quality of a project's scope, time, and cost (sometimes referred to as a project management triangle or "triple constraints") to maximize the project owner's satisfaction. [1] [2] It uses project management techniques and software to oversee the planning, design, construction and closeout of a ...
In a project plan, the critical chain is the sequence of both precedence - and resource-dependent tasks that prevents a project from being completed in a shorter time, given finite resources. If resources are always available in unlimited quantities, then a project's critical chain is identical to its critical path method .
In project management, there are generally considered to be three constraints: time (sometimes schedule), cost (sometimes budget), and scope. (Quality is often added as a fourth constraint---represented as the middle of a triangle.) The assumption is that a change in one constraint will affect the others.
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