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Here's hoping that the PM BASICS series at PM4K is helping you acquaint yourself to the basic concepts of Project Management.
In the last PM BASICS post, we discussed the most basic version of the Project Triple Constraints i.e. Scope-Time-Cost. With the increase in project implementation complexities, even the Triple Constraints have evolved. Gone are the days when Project Management was only about managing the Triple Constraints. Continuing with the PM BASICS series, in this post we will take a look at the evolution of a project's Triple Constraints to what PM4K calls the Sextuple Constraints.
The Sextuple Constraints consists of:
* Scope / Quality: Although monitoring 'what' will be done as part of the project scope is important; equally important is the quality of the output of the project. Delivering poor quality project scope is as unacceptable as not completing the project scope (if not worse).
* Time / Schedule: Although monitoring 'when' the project will start & finish is important; equally important is monitoring the schedule of how the project tasks will progress through the various stages. This enables the project managers to take corrective actions in case any critical task (that can delay the entire project) is delayed.
* Cost / Resource: Although monitoring 'how much' will be spent on the project is important; equally important is monitoring to ensure that the right resources are being used in the right manner to achieve the project objective.
Considering that the stakeholders have become more demanding and feel the need to be more involved in their respective projects, it will be true to say that the Triple Constraints of the project have evolved to become what PM4K refers to as the Sextuple Constraints. This means, more balls in the air for the project manager to juggle ;)
[Mathew@PM4K]
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