Issue #20 - How to balance Triple constraints?
Scope, Schedule and Cost
Read time: 3 minutes
✍️ Quote of the Week
🔨 How to balance Triple constraints? Scope, Schedule and Cost
🔑 Motivation & Discipline
📆 Weekly FREE CAPM/PMP Study Group
✍️ Quote of the Week
“Good plan is better today than perfect plan tomorrow”
🔨 How to balance Triple constraints? Scope, Schedule and Cost
Manage Your Project to Success
Gain control of your project and save time & money with the following solutions.
Time-boxed brainstorming
Allocate strict, short time limitis for idea generation to foster creativity under constraint. Use pomodor technique.
Value-first prioritization
Focus on delivering features or elements that bring the most value first, even if they're smaller in scope. Use a priority matrix to list deliverables.
Reverse engineering deadlines
Start from the desired completion date and work backward to set key milestones. Begin with the projects end date and then track backwards.
Rolling wave planning
Plan in detail only for the phases that are imminent and maintain a flexible approach for later stages. Divide the project into phases.
Dynaminc resource allocation
Instead of static resource allocation, regularly adjust team members based on current project needs, ensuring optimal use of skills. Review resource allocations on the weekly basis.
🔑 Motivation & Discipline
Here are the key thing to focus on:
Disciplined Project Managers Can Keep Their Projects On Track
Disciplined Project Managers Can Effectively Manage Their Time
Disciplined Project Managers Can Make a Huge Impact
A Disciplined Project Manager Is A Successful Project Manager
📆 Weekly FREE CAPM/PMP Study Group
In the past 6 month, 1500+ people attended on various weekly study groups.
It is the best place to make progress.
Next week continue with weekly study groups:
Tuesday - Sep 19
PMP Study Group
Topic: How to prepare for the exam in 8 weeks?
Link: https://www.linkedin.com/events/pmp-weeklystudygroup-topic-howt7104147160257966080/
Wednesday - Sep 20
CAPM Study Group
Topic: How to prepare for the exam in 8 weeks?
Link: https://www.linkedin.com/events/capm-weeklystudygroup-topic-how7104148562686418944/
Looking forward to see you on the session :-)
PS.:
Join the CAPM/PMP Study Group in LinkedIn:
CAPM: https://www.linkedin.com/groups/12881121/
PMP: https://www.linkedin.com/groups/12884882/