Constraints of a Project Flashcards
What are the constraints of a project?
Scope Quality Schedule Budget Resources Risk Customer Satisfaction Stakeholders
All the work must be done in order to produce all the project deliverables (the tangible product or items to be provided). Satisfy the customer that the deliverables meet the requirements and acceptance criteria, and accomplish the project objectives.
For example, the project scope might be all of the work involved in clearing the land, building a house, and landscaping to the specifications agreed upon by the contractor and the buyer.
Scope
Expectations must be defined from the onset of the project. The project work scope must be accomplished in a quality manner and meet specifications.
For example, in a house-building project, the customer expects the workmanship to be of the highest quality and all materials to meet specifications.
Quality
Timetable that specifies when each activity should start and finish. The project objective usually states the time by which the project scope must be completed in terms of a specific date agreed upon by the sponsor and the organization performing the project.
For example, when a new bridge is to be open to traffic or when a new product must be launched at an industry exposition
Schedule
Amount the sponsor or customer has agreed to pay for acceptable project deliverables
Budget
Needed to perform the project activities, produce the project deliverables and accomplish the project objective. include people, materials, equipment, facilities, and so forth. Human resources include people with specific expertise or skills
Resources
An uncertain event that if it occurs can jeopardize accomplishing the project objective. plan must be developed that identifies and assesses potential risks and their likelihood of occurrence
For example, designing an information system using the newest technology may pose a risk that the new technology may not work as expected. Or there may be a risk that a new pharmaceutical product may not receive regulatory approval.
Risk
The project manager must continually be aware of the degree of the ____________________ By maintaining regular communication with the customer or sponsor, scheduling meetings and involving them in the project. the project manager demonstrates genuine concern about the customer’s expectations; and also seeing if their satisfied at the end
Customer Satisfaction
The project manager and team need to build relationships with, and engage, the various ____________ who may influence or may be affected by the project, in order to gain their support.
Stakeholders
