Analyze the following hypothetical situation:

Consider that you have been recruited as a project manager in an information technology company. You report to the general manager of the company, who identifies a need and opens a project to find a solution to the problem. The general manager assigns you to identify a specialized program that can improve the performance of a process that is currently performed by a non-expert application. For example: migrate from using a MS Excel workbook and worksheets to the specialized financial solutions program Sage 50 (Peachtree).

Consider that you have had experience managing other projects in this company successfully. After you have identified the specialized program, you proceed to a project proposal and discuss it with the general manager. As in many cases, it is not surprising that the executive tells you that he does not have the required budget and that he wants you to find a way to reduce the project costs by 30% of his estimate, considering the same established requirements of the project. One of these requirements is that, once the specialized program has been implemented, you will have to migrate the last three years of data to the new program.

With this scenario as a prelude, argue briefly in the forum:

Could the requested project be worked on without affecting any of the four important variables (scope, cost, time, quality), or would you sacrifice any of these variables to accommodate the general manager's request?

When stating your answer in the forum you should:

Explain the concept of triple constraints.

Define and briefly describe what the concepts of scope, time, cost, and quality imply in project management, according to the PMBook.

Answer the forum question and provide examples. If necessary, you may base your answer on alternatives to those presented and defend your choice