Triple Constraints of Projects: Scope, Cost & Schedule

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Managing Triple Constraint Syed Shofiul Alom Sr. Project Manager Ektoo Limited Project Scope Management Project Cost Management Project Time Management

Transcript of Triple Constraints of Projects: Scope, Cost & Schedule

  • 1.Managing Triple Constraint
    Syed Shofiul AlomSr. Project ManagerEktoo Limited
    Project Scope Management
    Project Cost Management
    Project Time Management

2. Project Scope Management
The processes required to ensure that the project includes all the work required, and only the work required, to complete the project successfully
Why Do We Manage Scope?
Cant manage schedule and budget if scope is out of control (Triple Constraint)
Scope docs are used to manage expectations
3. Scope Management Key Points
What is scope management
Checking to ensure that one is completing work
Saying No to additional work not in the charter
Preventing extra work
Work Breakdown Structure (WBS)
Foundation of the project, all planning and controlling is based on the WBS
Identifies all work to be performed, if it is not in the WBS it does not need to be done
Graphical picture of work
4. Scope Management Key Points
TIME
Estimating
WBS
Staffing
Risk
Quality
COST
Network Diagrams
SCOPE
5. How Do We Manage Scope?
Five processes
Scope Planning
Scope Definition
Create WBS
Scope Verification
Scope Control
Scope Planning
Scope Definition
Create WBS
Scope Verification
Scope Control
6. Scope Planning
Scope Definition
Create WBS
Scope Verification
Scope Control
Scope Planning
Enterprise Environmental Factors
Inputs
Tools & Techniques

  • Expert judgment

7. Templates, forms, standardsOrganizational Process Assets
Outputs
Project Charter
Preliminary Project Scope Statement
Project Management Plan
8. Scope Planning
Scope Definition
Create WBS
Scope Verification
Scope Control
Scope Definition
Inputs
Tools & Techniques
Organizational Process Assets
Outputs

  • Product analysis

9. Alternatives identification 10. Expert judgment 11. Stakeholder analysisProject Scope Statement
Project Charter
Requested Changes
Preliminary Project Scope Statement
Project Scope management plan updates
Project Scope Management Plan
Approved Change Requests
12. Scope Management Plan

  • Guidance on how scope will be defined, documented, verified, managed, and controlled

13. Usually contained in project management plan 14. Identifies processes to manage scope, other tools used to manage scope (i.e. WBS, Scope statement, etc) Project Scope Statement

  • Project assumptions

15. Initial project organization 16. Initial risks 17. Schedule milestones 18. Funding limitations 19. Cost estimate 20. Project specifications 21. Configuration Mgmt System 22. Approval requirements 23. Project objective 24. Product scope description 25. Project requirements 26. Project boundaries 27. Project deliverables 28. Product acceptance criteria 29. Project constraintsRemember the difference between product and project?
30. Scope Planning
Scope Definition
Create WBS
Scope Verification
Scope Control
Create WBS
Outputs
Inputs
Tools & Techniques
Project Scope Statement
Organizational Process Assets

  • Work breakdown structure templates

31. DecompositionWork Breakdown Structure
Project Scope Statement
Project Scope Management Plan
WBS Dictionary
Approved Change Requests
Scope Baseline
Project Scope management plan updates
Requested Changes
32. Scope Planning
Scope Definition
Create WBS
Scope Verification
Scope Control
Scope Verification
Tools & Techniques
Inputs

  • Inspection

Project Scope Statement
Outputs
Accepted Deliverables
WBS Dictionary
Requested Changes
Project Scope Management Plan
Recommended Corrective Actions
Deliverables
33. Scope Planning
Scope Definition
Create WBS
Scope Verification
Scope Control
Scope Control
Outputs
Project Scope Statement Updates
Tools & Techniques
Inputs
Project Scope Statement
Work Breakdown Structure Updates

  • Change control system

34. Variance analysis 35. Replanning 36. Configuration management systemWork Breakdown Structure
WBS Dictionary Updates
WBS Dictionary
Scope Baseline Updates
Requested Changes
Project Scope Management Plan
Recommended Corrective Action
Performance Reports
Organizational Process Assets Update
Approved Change Requests
Project Management Plan Update
Work Performance Information
37. Scope Definition

  • Change Control System

38. Documentation, tracking, and approvals required to change project scope 39. Configuration Management System 40. Documentation, tracking, and approvals required to change product scope 41. Management by Objectives (MBO) 42. Establish unambiguous and realistic objectives 43. Periodically evaluate if objectives are being met 44. Take corrective action