Project Management Triangle consist ofa.Time, money, qualityb.Quality, Cost, Deliveryc.Scope, Time, Qualityd.Cost, Scope, Time
Question
Project Management Triangle consists of:
a. Time, money, quality
b. Quality, Cost, Delivery
c. Scope, Time, Quality
d. Cost, Scope, Time
Solution
The Project Management Triangle, also known as the Triple Constraint, Iron Triangle, or Project Triangle, consists of Cost, Scope, and Time. So, the correct answer is d. Cost, Scope, Time.
Here's a brief explanation of each:
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Cost: This refers to the project's budget or the amount of money that will be spent to complete the project.
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Scope: This refers to the specific goals, deliverables, and tasks that need to be accomplished to complete the project.
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Time: This refers to the schedule or the amount of time that has been allocated to complete the project.
The idea is that if one side of the triangle changes, it will impact the other two sides. For example, if the scope of the project increases (i.e., more tasks are added), it will likely take more time and cost more money.
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