select any overlapping section of the venn diagram
to determine project priority
The Engineering Principle of "The Triple Constraint" dictates that two of the three (Time/Cost/Quality) come directly at the expense of the other
Time & Quality
Prioritizing speed and quality takes more (and higher-trained) personnel which
increases cost of delivery
Recommended for those looking to go-to-market quickly.
Time & cost
Prioritizing speed and cost requires a reduction in operating expenditures (resources) and
produces lower quality
Recommended for those that need a quick and affordable proof of concept
Prioritizing cost and quality requires reduction in operating expenditures (resources) and therefore
increases the time
to produce the results.
Recommended for those that need a go-to-market product without a fast deadline
cost & quality