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Triple Constraint: Lessons

The triple constraint in Project Management is known to be time, cost and scope. The ability to manage these three items very often leads to project success. Identify two success factors from Chapter 11; then compare them with two components of failure from the same chapter. Provide an example of a project you led or were a team member where one or more of these factors came into play.

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Two success factors of project management are user involvement and a clear statement of requirements(b). First component of project failure is lack of clear senior management ownership, involvement, and leadership. Second component of failure is lack of effective engagement with stakeholders (a). When we compare the components of success with those of failure there are some common reasons. User involvement and ...

Solution Summary

Success factors of project management are discussed step-by-step in this solution. The response also has the sources used.