References:Lecture Note
•Every project is constrained in different ways by its:
–Scope goals: What work will be done?
–Time goals: How long should it take to complete?
–Cost goals: What should it cost?
•It is the project manager’s duty to balance these three often-competing goals.
The Triple Constraint of Project Management
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgSURoxax8xEqFAnuSl6AGL5FEOJYEzpOjWydeOKdCMO7ar7pB81KUD_1kXoDLbI25o-wmlhouiUkPyqieQa0DZC3va0DzoSp987vaqnSuSH3-nUBINWzOPp5nSOUxm4FgmOt5GIk6D-UI/s280/Picture4.png)
Successful project management means meeting all three goals (scope, time, and cost) – and satisfying the project’s sponsor!
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