PMAL306 Balancing Project Constraints: Maximizing Stakeholder Value Due no later than 11:00 PM EST Sunday of Unit 4 or as directed by the professor Value: 3% of final grade This learning activity focuses on balancing the three main project constraints to optimize stakeholder value: Scope, Time, and Cost. In addition to quality concerns, students will explore the implications of changes in project features for an ongoing project. Students will need to understand the concept of the triple constraints and how to manage them to maximize stakeholder value. The principles discussed will address the consequences of altering any of the constraints: Scope, Cost, and Project Duration. It can be a challenging decision as changing one constraint will inevitably impact the others. Furthermore, any changes may also affect the preset quality or may need to be negotiated if the other two constraints are to remain unchanged. Students will be expected to demonstrate their understanding of these concepts in their presentations during in-person classes. Consideration should be given to customer expectations and demands unless a constraint is naturally imposed by conditions beyond the stakeholders' control. This activity aims to equip students with the knowledge and skills to effectively manage project constraints in real-world