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    Operations and Management

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    Project management

    A project is said to be successful if it meets three basic criteria of quality, cost (on budget), and time. This is often referred to as the triple constraint. Moreover, it has been argued that trade-offs always exist between the three elements. That is, you cannot always achieve all three simultaneously. To what extent do you agree with this?

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    Solution Preview

    Not only can this be achieved, it is the basic principle behind such programs as ISO9000 and Six Sigma. These programs and others work to reduce quality problems and bring costs under control. With attention to detail and the correct training for ...

    Solution Summary

    The solution discusses whether to agree with the three basic criteria of quality, cost and time.