How to Manage Flexibility According to Basic Constraints of Project Management

Have you ever wondered what could be the possible reason for a project failure? To do so, first, you have to know the basics of project management. The project management triangle consists of three project impediment namely time, scope, and cost. And in order to deliver a successful product, flexibility is required on at least one of these boundaries. It depends on you which boundary should be flexible so that it would not affect the successful delivery of the product. 1

1. Time

Image result for time project management The delivery date of some projects is set in advance, and there is no possible way to compromise with it. If this is the case, one of the other two boundaries has to be flexible. Keeping all three boundaries too rigid would turn out to be the downfall of the project, the team may not be able to work as efficiently as required. Ultimately, the delivered product would not be up to your expectations. So rather than compromising the product quality, make the time boundary flexible to meet the requirements of the project.

2. Scope

Image result for scope project management The scope of the project is a vital part of project planning that involves determining and documenting a list of specific project goals, deliverable, features, functions, tasks, deadlines, and ultimately costs. The flexibility in scope would enable the team to scale back features and functionalities. This constraint has to be flexible if time and budget could not be compromised. It should be made flexible in the initial phase of the project. It allows to bring out the best of the product that ultimately makes the project more innovative.

3. Cost

There are always chances of increasing the scope of the project while keeping the timeline rigid. In this case, budget needs to be flexible. When the scope changes or additional functionalities are requested for the product, the budget would definitely change. The numbers may not be exactly the same as decided in the beginning, but it would definitely turn out be a better product. So, it is better to develop a long-term product roadmap because it will give you a good idea of the efforts and resources required as requirements evolve.

Conclusion

project-management In short, one of the three constraints has to be flexible in order to bring out a good product. Flexibility allows adaptability to change the needs and requirements without compromising the progress or harming the project velocity. So, while discussing the scope of the project, you have to decide which factor can be flexible according to your project.