In: Operations Management
with the aid of examples discuss the various types of project constraints
Project constraints influence the success or failure of a project directly.
Project managers should be cautious concerning observance and dominant project constraints throughout the project.
With any project, some limitations and risks ought to be taken under consideration and self-addressed to confirm the project’s final success.
Seven types of project
constraints are as follows:
Project Constraint 1: Cost
Cost is extremely necessary to project
constraints. At the start of the project, the project sponsor is
stating his or her expectations from the project.
The project manager is predicted to deliver the ultimate product among the agreed ranges.
If the project is cost accounting over the desired range, the sponsor/ stakeholders/ Project Board must be told, so that they will decide a way to proceed.
If the project can finish below the
price range, they conjointly wish to know, as other projects may be
able to begin earlier or be able to use the surplus funds.
For example, a project sponsor will
say that "You ought to complete this project with a 2 million
dollar budget". From
this time onward, this two-million-dollar budget is going to be
your project constraint, and you have got to finish the project
underneath this budget.
Project Constraint 2:
Scope
Project scope defines what must be completed in an exceedingly project, thus it is an awfully vital project constraint moreover.
The scope is often what the project
is expected to deliver (if the scope tolerance is zero, the project
should deliver no more and no less than what is specified).
For example, if you are working as a
software vendor, the event of an associate degree e-commerce web
site will be a project scope. And, if the scope is "development of
associate degree end-to-end operative e-commerce retail website"
this can be associate degree example of project scope
constraint.
Project Constraint 3:
Quality
If there'll be strict quality needs
during a project, this can have an effect on the price project
constraint directly.
The scope items are to be delivered
with the outlined characteristics (no deviation allowed if quality
tolerance is zero), and the deliverable should be reliable – i.e.,
the items are quality tested/ checked to the extent such, so they
perform as in agreement.
For example, if you're operating in a
construction project, the client would possibly expect the building
to be resistant against the 9.0 Richter earthquake. Construction of
a lot of resistant buildings can price higher as expected. And if a
lot of quality may be a project constraint, you ought to be aligned
with this constraint within the project
Project Constraint 4:
Customer Satisfaction
Customer satisfaction may be a key
issue for a sustainable and long-running business within the
market.
All firms do business for his or her customers within the finish.
Because they are the supply of cash and if you cannot satisfy your customers, you may not be able to stand against the competition throughout the time.
Client satisfaction measures what quantity you are meeting the customer’s expectations.
If your team two-handed over
wonderful deliverables on time and inside the budget, your consumer
can most likely be happy.
For example, mostly in {BPO’s (Business
Process Outsourcing)/ call center} the agents working over there
always satisfy the client's needs and requirements as to provide
quality communication and many more things with their customers to
make the client-side happy and satisfied.
Project Constraint 5:
Risk
Risks will be either positive or
negative in a very project.
Project managers should enhance the opportunities for positive risks and cut back the threats of negative risks in a very project.
We have agreement on the amount of risk the sponsor/ stakeholders/ Project Board is willing to measure at intervals the course of the project (their risk tolerance).
If the project manager cannot
manage (mitigate/ transfer, etc.) major risks, then the sponsor/
stakeholders/ Project Board ought to decide if they're willing to
measure with the bigger risk exposure.
For example, if there's a risk of
losing a project team member, you must prepare a relinquishing
document for the activities of that team member is doing within the
project. And if he leaves the project or company, or in different
words, if the danger happens, you'll use the relinquishing
documents to assign tasks to a replacement team member, so you can
reduce the risk.
Project Constraint 6:
Resources
Many project managers think that
solely project team members square measure thought of as project
resources.
However, tools, equipment, or material that will be used throughout the project square measure all project resources, and project constraints several.
For example, cement, bulldozer, or planning software package that may be used throughout the project area unit all project resources and project constraints severally.
Project Constraint 7:
Time
The project manager is predicted to
deliver the ultimate products/ deliverables among the specified
time.
If the project is running late than the desired time, the sponsor/ stakeholders/ Project Board must learn, so that they will decide a way to proceed.
Once beginning a project, there'll be deadlines that will be projected by the project sponsor.
For example, the project sponsor may state that "I wish this project to be completed by the end of this month". This will be your example of a time constraint in the project.