Made with

Pyramid Diagram

Project Management Triangle

The ANSI Standard for project management known as Project Management Body of Knowledge(PMBoK) defines project management as an area of activity which determines and achieves a clear project objectives, balancing among the volume of work, resources (such as money, materials, energy), time, quality and risks.

A key factor in the project management success is to have a clear specific plan in advance, to minimize risks and deviations from the plan, to have an effective change management (as opposed to the process approach, functional management and service level management).

Project Management Triangle model represents the balance between the project scope, project cost, time and quality. The quality was included later, so initially this model is known as "Triple Constraint".

As required by any undertaking the project should proceed and reach the final, encountering certain restrictions. Classically, these constraints are defined as project scope, time and cost and are related to the Project Management Triangle, each side of which represents one of the constraints. Changing one of the triangle sides invariable affects the others. Further refinement of the constraints contributed scope quality and effect, turning quality into the fourth constraint.

The constraint of time is determined by the time available to complete the project. The constraint of cost is determined by the budget allocated for the project. The constraint of scope is determined by a set of actions required to achieve the final result of the project. These three constraints are often competing with each other.

Changing the scope of the project usually leads to a change in time and cost. Tight schedule may cause an increase in cost and a decrease in the scope. A small budget may cause an extension in time and a decrease the scope.

Another approach to project management is to consider the following three constraints: finances, time and human resources. If it is necessary to reduce the time, a project manager can increase the number of employed people to solve problems, although that will inevitably lead to an increase in the budget. Due to the fact that this problem will be resolved quickly, it is possible to avoid the growth of the budget, reducing costs by an equal amount in any other segment of the project.

This project management triangle chart example is included in the Pyramid Diagrams solution from Marketing area of ConceptDraw Solution Park.

Pyramid Diagram *

Example 1. Pyramid Diagram. Project management triangle diagram

This diagram was redesigned using ConceptDraw DIAGRAM diagramming and vector drawing software from Wikimedia Commons file Project-triangle-en.svg.

See more Pyramid Diagram:


Looking at ConceptDraw MINDMAP as a Replacement for Mindjet Mindmanager →

ConceptDraw MindMap benefits comparing to Mindjet Mindmanager: Economical. (Lower license price, support is no charge maintenance is an optional one-time fee that delivers to you the next major release) ConceptDraw products are structured to save you money from the date of purchase for the life of the product. When you compare ConceptDraw MINDMAP to Mindjet Mindmanager the cost savings will be obvious. Flexible Licensing. ConceptDraw is licensed per-named-user. Want ConceptDraw on 2 PCs, 2 Macs, or a PC and a Mac? Straightforward licensing makes this easy.Looking at ConceptDraw MINDMAP as a Replacement <br>for Mindjet Mindmanager *
Picture: Looking at ConceptDraw MINDMAP as a Replacement for Mindjet Mindmanager
Related Solutions:

Venn Diagram Template for Word →

This template shows the Venn Diagram. It was created in ConceptDraw DIAGRAM charting and vector drawing software using the ready-to-use objects from the Business Diagrams Solution from the Management area of ConceptDraw Solution Park.Venn Diagram Template for Word *
Picture: Venn Diagram Template for Word
Related Solution:

UML Diagram for Mac →

This sample was created on the Mac in ConceptDraw DIAGRAM diagramming and vector drawing software using the UML State Machine Diagram library of the Rapid UML Solution from the Software Development area of ConceptDraw Solution Park.UML Diagram for Mac *
Picture: UML Diagram for Mac
Related Solution:

Pyramid Diagram →

A triangular graphic representing Graham's "hierarchy of disagreement", based on Paul Graham's March 2008 essay "How to Disagree".Pyramid Diagram *
Picture: Pyramid Diagram
Related Solutions:

Swim Lane Diagrams →

Job duties in small companies are usually spread randomly among workers, causing lots of problems and misunderstanding. One of the ways to restore order in business processing is to create a cross-functional flowchart with swim lanes that would represent every step in production system. Another advantage of using swim lanes flowchart is that it represents not only processes, but people responsible for them. Swim lane diagram is a kind of a process flow diagram. Its special feature is that it joins the features of process flow diagrams with organizational charts. Thus, a swim lane diagram display a participant of the business process in a conjunction with general flow of the business system. A swim lane diagram is looks similar to a swimming pool's lanes. Lanes can be horizontal and vertical. The lanes are pointed out relatively to resource name, which is assigned on implementation of the given part of the business process. ConceptDraw Business Process Mapping solution delivers the ability to design develop swim lanes flowcharts using the vector graphic objects of Swim Lanes library.Swim Lane Diagrams *
Picture: Swim Lane Diagrams
Related Solution:

Best Software to Draw Diagrams →

ConceptDraw DIAGRAM can help you make professional diagrams quickly.Best Software to Draw Diagrams *
Picture: Best Software to Draw Diagrams
Related Solution:

How to Create a Column Chart →

The question how to create a column chart have a simple answer. Use ConceptDraw tips to find out how to create a column chart depicts your data the best way.How to Create a Column Chart *
Picture: How to Create a Column Chart
Related Solution: