Question

In: Operations Management

with the aid of examples discuss the various types of project constraints

with the aid of examples discuss the various types of project constraints

Solutions

Expert Solution

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.


Related Solutions

with the aid of a diagram, discuss the triple constraints of project management?
with the aid of a diagram, discuss the triple constraints of project management?
what are the typical constraints of a project with examples
what are the typical constraints of a project with examples
define the term 'project risk'. with the aid of relevant examples, discuss in detail the five...
define the term 'project risk'. with the aid of relevant examples, discuss in detail the five strategies for dealing with risk in project management.
discuss briefly the characteristics and typical investment objectives and constraints of various institutional investors
discuss briefly the characteristics and typical investment objectives and constraints of various institutional investors
identify and discuss various types of demand for money.
identify and discuss various types of demand for money.
What is the theory of constraints? Provide some examples of possible constraints for a manufacturer.
What is the theory of constraints? Provide some examples of possible constraints for a manufacturer.
Define communication and describe the main purposes for communication in business. Use examples and discuss constraints...
Define communication and describe the main purposes for communication in business. Use examples and discuss constraints of all types - in other words what may get in the way of meaningful communication. 200 words
Discuss the various levels of “cost hierarchy” and give examples
Discuss the various levels of “cost hierarchy” and give examples
Question There are various types of risk factors in financing an infrastructure project (in project finance...
Question There are various types of risk factors in financing an infrastructure project (in project finance context). List and discuss any 3 risk factors.
Discuss the registration requirements of various types of intellectual properties.
Discuss the registration requirements of various types of intellectual properties.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT