The Project Knowledge Group Harvey A. Levine - PM Consultant

Former PMI Chairman, PMI Fellow, Author, Lecturer Five decades of creative problem solving
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The Project & Portfolio Triple Constraint
 
No discussion of project management can be complete without reference to the time-honored Triple Constraint. 
 
Project Management has always been described as a balance between Time, Cost, and Scope.
 
In the enlarged world of PPM, there is also a Triple Constraint, although it is quite different. In PPM, the continuing challenge is to balance Strategic Alignment, Project Value & Benefits, and Demand on Resources.
 
Here, on the right, is the traditional Triple Constraint for Projects

 For comparison, here is the new PPM Triple Constaint

 

 The T.C. for Projects, still exists, within the larger portfolio