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Identify real life examples of a project that would fit each of the following priority
scenarios:
a. TIME-CONSTRAIN, SCOPE-ENHANCE, COST-ACCEPT:
A major sporting event (such as the Olympic Games) clearly has a fixed date. If
you are the project manager responsible for preparations, the event date is
inflexible and must be constrained. That leaves the resources/cost constraint and
the product scope/quality constraint. Which of these two is more important? The
sporting event will be watched by millions of people, I would suggest that product
scope/quality is the next priority, it must be enhanced. Concessions to the
resources/cost constraint will have to be made. This does not mean that cost is no
object! What does this mean is when changes occur on the project, cost will be
impacted before the other dimensions and hence can be accepted. We can secure
additional sponsors, enlarge the volunteer base, or pursue other cost options. The
project priority matrix for the sporting event project would look like this:
Time
Constrain
Enhance
Accept
Performanc
e
Cost
Time
Constrain
Performanc
e
Cost
Enhance
Accept
Time
Constrain
Performanc
e
Enhance
Accept
Cost