Digital Project Management: The Iron Triangle

Titanic Project Iron TriangleIn last week’s class we talked about Digital Project Management and why projects can fail. The Iron Triangle is a very important feature to consider when developing a new project as this will determine the success it will have.

The objective of the Iron Triangle is that you can pick or constrain only two of these three factors. If all three factors have to be met, then the quality of the web project will be sacrificed. In other words, if the three constraints are out of balance with each other at the beginning of the project, then one or more of them must change or the quality of the project will be affected due to meeting the constraints and cutting corners.

  • The Budget: This indicates how much the client is willing to pay or what they can afford for the project.
  • The Features: this indicates the functionality or features that the project requires. Is it possible to build it?
  • The Timeline: This indicates the time you have to complete a project, including related tasks.
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Posted on October 12, 2012, in Project Management and tagged , , , , . Bookmark the permalink. 2 Comments.

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