Explain the triple constraints model and its implications for effective project management.
Question:
Explain the triple constraints model and its implications for effective project management.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
The Triple Constraints Model also known as the Iron Triangle or Project Management Triangle is a fundamental concept in project management that highlights the interdependence of three key factors scop...View the full answer
Answered By
Muhammad Salman Alvi
Well, I am a student of Electrical Engineeing from Information Technology University of Punjab. Just getting into my final year. I have always been good at doing Mathematics, Physics, hardware and technical subjects. Teaching profession requires a alot of responsibilities and challenges.
My teaching experience started as an home tutor a year ago. When I started teaching mathematics and physic subjects to an O Level student. He was about 14 years old. His name was Ibrahim and I used to teach him for about 2 hours daily. Teaching him required a lot of patience but I had to be polite with him. I used to give him a 5 min break after 1 hour session. He was quite weak in basic maths and calculation. He used to do quite a lot of mistakes in his homework which I gave him weekly. So I decided to teach him basics from scratch. He used to say that he got the concept even if he didn't. So I had to ask him again and again. I worked on his basics for a month and after that I started taking a weekly test sesions. After few months he started to improve gradually. Now after teaching him for about a year I can proudly say that he has improved alot. The most important thing was he managed to communicate all the difficullties he was facing. He was quite capable and patient. I had a sincere desire to help him reach to its full potential. So I managed to do that. We had a very good honest relationship of a student and a teacher. I loved teaching him as a tutor. Now having an experience of one year teaching I can read students quite well. I look forward to work as an online tutor who could help students in solving their all sort of difficulties, problems and queries.
4.90+
29+ Reviews
43+ Question Solved
Related Book For
Operational Auditing Principles And Techniques For A Changing World
ISBN: 9781000388244
2nd Edition
Authors: Hernan Murdock
Question Posted:
Students also viewed these Business questions
-
Bribery of government officials commonly is used to obtain business contracts in many foreign countries. This practice is often concealed in company books as "_______." Question 27 options: obtaining...
-
Lunar Footprints. Micrometeorites will eventually erase tl1e footprints left by the Apollo astronauts. Assume that the ~loon is hit by about 25 million micrometeorite impacts each day (this number...
-
The impact of telework on organisational performance, behaviour, and culture: evidence from business services industry based on employees' perceptions 1. Introduction Challenges raised by the...
-
Determine the number of valence electrons for each of thefollowing four elements. Part A Ga _______ Express your answer as an integer. Part B Pb ________ Express your answer as an integer. Part C Cl...
-
A firm has 1,500,000 in its common stock account and 1,000,000 in its paid in capital account. The firm issued 100,000 share of common stock. What was the original issue price if only one stock issue...
-
A mixture consisting of 0.150 mol H 2 and 0.150 mol I 2 is brought to equilibrium at 445 C, in a 3.25 L flask. What are the equilibrium amounts of H 2 , I 2 , and HI? H(g) + I2(g) 2 HI(g) Kc = 50.2...
-
A random sample of 150 observations was classified into the categories shown in the table below. LM8-5l.DAT...
-
Shirley, a recent college graduate, excitedly described to her older sister the $1,500 sofa, chair, and tables she found today. However, when asked, she could not tell her sister which interest...
-
Ikoo Industries is deciding whether to automate one phase of its production process. The manufacturing equipment has a six-year life and will cost $920,000. Projected net cash inflows are as follows:...
-
Describe three audit procedures related to each of the three triple constraints model elements.
-
What are the five phases of projects? List three operational audit steps for each of them.
-
Missy, age 30, has owned her principal residence (adjusted basis of $225,000) for five years. During the first three years of ownership, she occupied it as her principal residence. During the past...
-
A company must decide between scrapping or reworking units that do not pass inspection. The company has 16,000 defective units that have already cost $132,000 to manufacture. The units can be sold as...
-
according to the phase rule, the triple point of a pure substance is A. invariant B. u nivariant C. bivariant D. none of the above
-
33. If the equipment in the previous question had sold for $15,000, the correct entry would be: a. Cash debit $15,000. Gain credit $3,000. $12,000 Equipment credit b. Cash debit $15,000. Debit a loss...
-
The banks play a central role in financial intermediation in New Zealand. 1.What is financial intermediation? Who performs it? and why is it important? 2.What is Qualitative Asset transformation...
-
Consider the following information attributed to the material management department Budgeted usage of materials - handling labor - hours 3,700 Budgeted cost pools: Fixed costs $166,500 Variable costs...
-
What effect does an open-market purchase of bonds by the Fed have on nominal interest rates? Discuss in terms of (a) the effect of the purchase on bond prices and (b) the effect of the purchase on...
-
Uniform electric field in Figure a uniform electric field is directed out of the page within a circular region of radius R = 3.00 cm. The magnitude of the electric field is given by E = (4.50 x 10-3...
-
List the main rights of auditors.
-
Who can be an auditor?
-
What are the limits for the statutory audit to apply to a company?
-
Deacon Company is a merchandising company that is preparing a budget for the three - month period ended June 3 0 th . The following information is available Deacon Company Balance Sheet March 3 1...
-
Mango Company applies overhead based on direct labor costs. For the current year, Mango Company estimated total overhead costs to be $460,000, and direct labor costs to be $230,000. Actual overhead...
-
Which of the following do we expect to be the horizon growth rate for a company (long term growth rate- say 30-50 years)? A) Inflation B) Industry Average C) Zero D) Market Beta
Study smarter with the SolutionInn App