Write a respond to Betty’s post below .Post must be substantive and add to the discussion in a meaningful way.
BETTY’S POST:
The concept of the triple constraint triangle and achieving only two sides with a project reminds me of my personal budget. If I want to spend money on item 1, then I can not spend that money on item 2 or 3. I must shift my budget to obtain the item I consider a priority and go without, or wait, for the other items. There is only so much money in my bank account, and I must manage and balance the restrictions having a budget places on my purchasing of items. The triple constraints place significant restrictions on any project that the project manager must balance and manage. According to Pollack et al. (2018), a shift in one criterion, whether it is due to resource limitations or project demands, results in pressure being placed on the other two criteria. When one constraint fails, it will likely impact one or both of the other constraints by placing negative pressure on them (Pollack et al., 2018). Despite effective management of other aspects of a project, misunderstanding the triple constraints triangle can result in the project failing (Pollack et al., 2018). This is concerning as Pollack et al. (2018) reported that one of the most overlooked fundamentals of project management is the triple constraints triangle despite it being central to project success. My opinion is that despite a project manager’s ability to manage and balance the restrictions of a project, the constant shifting of, and pressure on, the constraints will lead to a probability of only achieving two sides of the triangle.
The two concepts I selected as the greatest constraint for my project are time/schedule and cost. Because of the constraints of time, it is impacting the cost. For example, for my project I had to reschedule meetings due to crisis staffing that resulted in stakeholders and me, as the project manager, needing to work in clinical. Some of these meetings were able to start but then had significant interruptions due to crisis staffing issues that made them run longer. As a result, the project schedule needed to be adjusted along with the budget. To bring the cost of the project back to baseline, I reduced the length of time designated for project education. This lessens the constraint of needing the staff to spend so much time on education while reducing the cost. As I applied the triple constraints concepts to my code blue restructure project, I certainly drew a correlation to what Pollack et al. (2018) shared regarding the impact of shifting constraints. I feel that when pressure was placed on one constraint (time) due to resource limitations, it led to negative pressure impacting another constraint (cost). In the same way with my personal budget correlation, the resource limitations (funds) impacted only being able to purchase one item. These correlations were helpful to me in applying the value of understanding the triple constraint triangle with project management.
