Question:

Projectmanagement???

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What is the magic triangle ? ( Effect if a Factor is not considered? )

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  1. The three sides of the triangle are:

    Time/Deadlines

    Cost

    Scope/Quality

    Yo can only set goals for any two of the three sides, and the third side will then follow as a consequence.

    For example, if you decide how quickly and cheaply you can do something, that will dictate how good or thorough a job you can do. If you decide how much you need to achieve and how quickly, that will dictate the cost.

    If you do not consider one of the factors then you cannot accurately and realistically set goals for the other two.

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