Project managers are often faced with having to manage trade-offs between competing project objectives. For this discussion, address the following:

Describe the Competing Constraints concept in project management (to learn more about this concept, you can start by reading Section 2.5.2 Balancing Competing Constraints in A Guide to the Project Management Body of Knowledge (PMBOK Guide), Seventh Edition). What are the key constraints in a typical project and what is the relationship between them? There can be a time when a project manager does not have full control over a constraint. Provide a scenario when this could happen with (a) which constraint was changed and (b) how the other constraint(s) were impacted, and c) what balancing competing constraints may mean in the scenario.