{"id":6952,"date":"2018-07-30T16:56:07","date_gmt":"2018-07-30T21:56:07","guid":{"rendered":"https:\/\/blog.planview.com\/?p=6952"},"modified":"2019-07-17T12:46:02","modified_gmt":"2019-07-17T17:46:02","slug":"3-levers-project-management","status":"publish","type":"post","link":"https:\/\/blog.planview.com\/3-levers-project-management\/","title":{"rendered":"3 Levers of Project Management"},"content":{"rendered":"

As a project manager, you may be familiar with the 3 levers of\u00a0project management. Sometimes referred to as the \u201ctriple constraint,\u201d this theory states that most projects are carried out under the following constraints:<\/p>\n

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  1. Projects are to be delivered within the predetermined budget.<\/li>\n
  2. Projects are to be completed by the agreed-upon deadlines.<\/li>\n
  3. Projects are expected to operate within the agreed-upon scope.<\/li>\n<\/ol>\n

    What\u2019s more, the three levers theory states that project managers can control any two of the levers, but doing so causes the third lever to move independently of the other two. In other words, you can modify two of the constraints, but the remaining constraint will cause the project to suffer in one way or another.<\/p>\n

    The three levers theory acts as a sort of trade-off, where optimizing one part of your project is going to have a negative impact on another. For example, if you wanted to maintain a constant scope while cutting costs, your timeline will increase. Or, if you wanted to increase your scope and reduce your timeline, project costs are going to rise.<\/p>\n

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