In this video, learn about the constraints that bind all projects and determine success or failure.
- Running a project is like maintaining a home. … There are always repairs and improvements to be done. … But when you consider repairs and improvements to your home, … you also have to consider three things. … How soon do I need it done? … How much do I have in the bank to pay for it? … And what tasks will get it done the way I want? … The same thing happens in businesses, … and these three things are known in the project world … as the triple constraint. … You may have heard of it as the iron triangle … or the project management triangle, … but it means the same thing. … The triple constraint is really all … about managing cost, scope, and time. … Let's talk about cost first. … With cost we ask, what are the financial limitations … that the project can't exceed? … And remember, as you're going through this planning, … you need to ensure that you're counting everything. … Labor cost, so it's the people on your team. … It's the labor of people you're going to bring in … once in awhile. …
- Waterfall vs. agile life cycles
- Strengths and weaknesses of each method
- Choosing your framework
- Measuring team progress
- Conducting a blended measurement