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the cost/time/content triangle is a simple way of representing the rather complex (not to say confusing) interaction between the three key components of any it project - cost, time and scope. it provides a mechanism for visualising the effect of changes in any parameter and provides managers with a tool for quickly assessing the impact (and hence the risk) of changes to any one component on the others.
the cost/time/content triangle is a graphical triangle whose three sides each represent a measure for an element of the project. by setting an appropriate scale for each side we can… Continue reading