Scribd
Upload
28 views5 pages

Problem of The Week-2: Computer Applications of Project Management

The document discusses constraints in project management known as the "iron triangle" of scope, time, and cost. It provides three scenarios analyzing how changes can impact these constraints. In scenario 1, a labor injury impacts time but the project manager can choose to delay or hire replacement labor impacting cost. Scenario 2 revises the project scope, increasing cost while keeping time fixed. Scenario 3 discusses the De Havilland Comet crashes in the 1950s due to compromising on quality assurance to focus on cost and schedule.

Uploaded by

Adnan Sheraz
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
28 views5 pages

Problem of The Week-2: Computer Applications of Project Management

The document discusses constraints in project management known as the "iron triangle" of scope, time, and cost. It provides three scenarios analyzing how changes can impact these constraints. In scenario 1, a labor injury impacts time but the project manager can choose to delay or hire replacement labor impacting cost. Scenario 2 revises the project scope, increasing cost while keeping time fixed. Scenario 3 discusses the De Havilland Comet crashes in the 1950s due to compromising on quality assurance to focus on cost and schedule.

Uploaded by

Adnan Sheraz
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 5

Subject:

Computer Applications of Project Management

Assignment Title:

Problem of the week-2

Submitted To:

Mr. Adnan Sheraz


sheerazadnan785@gmail.com

Written By:
ADEEL RAZA NAVEED
MBA-2.5-Fall (2018)-317
Institute of Business & Management,

University of Engineering & Technology Lahore

Problem of the Week

Instructions: Read the POW and work in the space provided. Remember to show your work. If you need
extra space, you can attach another sheet of paper. Answers without work shown will not be graded.
Remember: Do your best! Partial answers are better than no answers!

The Project Triangle: In the project triangle, also called the iron triangle (Barnes 1969), there are three
key constraints (triple constraint):

In the project triangle, also called the iron triangle, there are three key constraints (triple
constraint):
Scenario-1:
Impact of changes:
Changes and constraints interact with each other:
Building a wall:
Scope: 2m (height) by 5m (length)
Time: 1 week
Cost: RS- 100,000

Bricklayer Labor injured after two days’ work due to accidently dropped from Height of 10-feet.
Question: What will be the options available for Project Manager in order to execute the task within
Scope, Time, Cost, and Quality? Please elaborate in the form of Iron triangle in case of options available
with Project Manager?

Answer:

As there isn't any limitation of time (cutoff time isn't given) so the Project Manager can sit tight
for the best possible recuperation of his/her secret weapon work (for example bricklayer) right
now is settling on schedule yet not on cost, degree and quality.

Alternative 2

Undertaking Manager can enlist a talented work from advertise (the pony is to be changed
midstream) and let the degree be finished inside time assigned (seven days). Right now/she may
needs to settle on the expense as the asset from outside, with such a crisis, will request high
wage. With this alternative the work should be possible inside extension, time and

Cost

Time Scope
Scenario-2:
Impact of changes:
Changes and constraints interact with each other:
Building a wall:
Scope: 2m (height) by 5m (length)
Time: 1 week (Fixed Deadline)
Cost: RS- 100,000
Scope is revised:
Scope: 3m (height) by 5m (length)
Time: 1 week (Fixed Deadline)
Cost: _____________________
Question: What will be Impact on Cost and Scope? Draw an Iron Triangle to Show all
Constraints. (Marks-2.5)

Answer:
Scope: 3m (height) by 5m (length) = 3x5 = 15 SMT
Cost: _________

Referred to scenario-1

Scope: 2m (height) by 5m (length) = 2 x 5 = 10 SMT


Cost: RS- 100,000
So
Cost Per SMT = 100,000/10 SMT = 10,000/SMT
As we have 15 SMT here so cost will be as under

Total Cost for revised scope = 15 x 10,000 = 150,000 PKR

As we have a clear DEADLINE here so we cannot compromise on Time and same with quality
so here in this case we must compromise on the cost and scope.

Cost

Time Scope
Scenario-3:
Impact of changes:
Changes and constraints interact with each other:
De Havilland's Comet 1952

13 Crashes
426 Fatalities
Question: Why? Please Explain with Reason in terms of Project Management Constraints.
Which Constraint impacted much more than others?

De Havilland's Comet is pioneer in fly industry. They were putting a ton right now the
underlying stages. Their innovative work cost were in billions so there was no trade off on the
Cost imperative. It was an issue they disregard some Quality Assurance conventions (simply like
Jet Blue). They don't go for appropriate prototyping and not followed Six Sigma systems. They
likewise sidestep/skirted some testing conventions to get best in class in the stream business
however this trade off on Quality later paid them a ton as accidents, awful notoriety and in the
end organization was restricted for quite a while period.

Compromising idea here is they don't have any significant bearing legitimate quality checks.
Along these lines, a trade off on quality and bringing in cash constantly concentrating on ROE
caused them to endure.

Cost

Time Quality

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy