Reducing Project Scope: Advantages & Disadvantages
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What are the advantages and disadvantages of reducing project scope to accelerate a project? What can be done to reduce the disadvantages?
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Solution Summary
According to this solution, trade-off studies balancing technical performance, schedule, and costs may be used to adjust project parameters to fit with organizational priorities; according to this site, the realism inhernt in determining these three project parameters (cost, schedule and technical performance) can largely effect the perceived success or failure of the project.
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According to hyperthot.com (2010) the planning process should result in major parties to the project having a clear sense of the cost, schedule, and technical objectives. According to this site, the establishment of these three should attempt to define what is possible; the project's technical objectives should be derived from a clear understanding of the business requirements; in turn, project costs should be realistic and affordable; in addition, the schedule should be achievable and appropriate for the business needs.
According to hyperthot.com (2010) trade-off studies balancing technical performance, schedule, and costs may be used to adjust project parameters to fit with organizational priorities. According to this site, the realism inherent in determining these three project parameters (cost, schedule and technical performance) can largely affect the perceived success or failure of the project. According to this author, efforts to accelerate project schedules will usually increase project risks; innovative ...
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