VENN DIAGRAM.png

cost

time

quality

cost.png
quality.png
time.png
cursor.png

description

select any overlapping section of the venn diagram

to determine project priority

Triple constraint

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