Part 1.
The cost, time, specification triangle is a visual way of expressing the constraints that govern all project management projects (Lock, 2007, p. 7). It is a useful way to show the relationship between the key components of a project and because of their inter-relationship, it provides a reminder that changes in any of the three constraints will have an impact on the remaining ones. However, there are issues when attempting to use this approach as the sole way of determining if a project was successful. In particular, the cost, time, and specification are always determined in relation to the needs of the client for ...