![]() For me at the beginning of any major project, I need to understand what are the key priorities. When defining a project or work task there are boundaries and values that we need to work within. ON TIME and GOOD QUALITY but it cannot be CHEAP.CHEAP & GOOD QUALITY, but it won’t be quick or on time.FAST & CHEAP but it won’t be good quality.You can have or control only two of them. The basic premise is that there are three main factors in all decisions. ![]() This is sometimes known alternatively as the “ Triple Constraint” or the “ Iron Triangle”.īefore we explore this fully, it is important to know that there is some confusion, there are some variants of this model Most people that have been on a management or project management course at some time have heard of “ The Project Management Triangle”. You can pick any two, but you can’t have all three! An undervalued management tool But it is a powerful tool in the hands of a competent leader or professional. It is often used as a throwaway tool in training courses. The project management triangle as it is sometimes known as a valuable tool for prioritizing and decision making.
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