Project Key determinates
Project Key determinates
The project implementation process requires careful consideration, interspersed with the preparation of important information such as time, cost and scope of work, or what are known as the main determinants of the project. Let's get to know these determinants and their importance.
Date: 30-01-2022
Description
All projects, large or small, go through five phases known as the life cycle of a project, but before starting a project, we need to identify three main determinants to ensure that the project is delivered successfully and efficiently. These are defined as the project management triangle or productivity triangle, which are formed by three main factors: Time, Cost and Scope.
The project identifiers aim to answer the following questions:
1- When is the project over? Time
2- How much will the project cost? Cost
3- What's the final output? Scope of work
Let us learn more about the main project determinants and the purpose of monitoring them at the beginning of the project.