Answer to Question #188309 in Management for shubham

Question

 What are the major issues presented that affected the time, cost and scope of the project?

Answer 1

The triple constraints, time, scope and cost, can be affected by several reasons. Cost can be affected by the urgency of the project. If a project needs to be executed faster, more money and resources need to be employed. The scope will also need to be adjusted. Time on the other hand can be affected by activities that take place during execution of the project. In the event that scope changes, there will be more time spent in meetings and drawing of a new scope. Cost shall also be incurred in the process. Scope can be affected by new developments during the execution of the project. Changes im scope willneed additional time and resources hence increase in project cost.

All triple constraints are dependent on one another. When one is affected the other 2 will automatically be affected.