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The three pillars of successful project management - webinar (Spanish)

The relationship between the scope, schedule and cost of a project is referred to as the Triple Constraint or Triple Imperative or Iron Triangle. It is imperative that a Project Manager understands that adjustments cannot be made to one of the three attributes without affecting at least one of the others.

The three pillars of successful project management - webinar (Spanish)

The iron triangle is actually a very simple top level presentation of key elements for the successful project planning. Scope, time and price/resources. Resources are in many industries the only or critical element of price. People are the most valuable asset and cannot be increased, decreased or multiplied. Similarly, machine-like resources have a production capacity and cannot be changed just with a simple click.

Easy Project Iron Triangle

Easy Project Iron Triangle

So how does come the Iron triangle into the picture? It offers us a simple yet efficient ability to understand where should we use the waterfall planning and when some of the Agile approaches.

For more information about webinars, please go to this page.

 

Author: Lukáš Beňa, Armen Karapetjan

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