Wednesday, February 6, 2013

PM Tip 3

Project Management Tip #3

Constraints are the restrictions or limitations (either internal or external) that affect the project.  You must identify and rank them according to key-stakeholder priorities. 

Here are six of the most common constraints:

Scope: The sum of the products, services, and results to be provided.

Quality: The degree to which project characteristics fulfill requirements. 

Resources: People (individuals or teams), equipment, services, or supplies needed to fulfill requirements.

Budget: The approved estimate for the project.

Risk: An uncertain event or condition that, if it occurs, has an effect (usually negative) on project results.

Time: The deadlines by which products, services, and results are to be delivered. 
 

 Join us on Feb 8th or Feb 22nd for a 1-hour introductory webcast to introduce this newest solution:

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