August 2, 2008
My goal with the project example is to create a scenario that is similar to those faced in real projects. I find, too often, that textbook examples overly simplify scenarios to the point that the answer is so obvious that when faced with a real world example the less experienced project manager cannot distill the issue.
Mark is a project manager for Custom BoatBuilders, Inc. Bill manages the custom building of boats for private consumers. Consumers contract with Custom BoatBuilders (CBB) to build custom watercraft for personal use. Mark reports to Steven who is the Client Relationship Manager. Steven’s responsibility is to work directly with the customer and secure a contract for the building of a custom boat. After a new customer contract is signed, Steven involves Bill to execute on the project. Read the rest of this entry »
August 2, 2008
Ah, the triple constraint, the cornerstone of project management and project management (PM) lingo. Along the way, I will try to cover the most common acronyms and lingo that are used in the discipline. I neither intend to promote nor condone any particular use, or in many cases, overuse, of project management lingo. My goal is to create familiarity with the terms as they are commonly used in practice.
The triple constraint refers to the three inputs that govern the ability to deliver a project. The three commonly agreed upon constraints are budget, time, and scope. They are often drawn in a triangular shape to represent the relationship between them. This triangular arrangement helps to represent that any adjustment to one of these factors will have an impact on the other two. This relationship will become clearer with examples. Let’s start with definitions: Read the rest of this entry »