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Risk reductionUtilising the triangle will help in managing risks. This is possible because this will help the team to predict potential problems earlier in the process, have a contingency plan, and balance the risks in all three constraints.
- The use of the project management triangle allows for
- managers
- to make decisions in a balanced manner. As such, it becomes possible to deal with complex projects with great ease.
- Enhance your skills with our expert-led courses
- Instructor-led
- Introduction to Project Management course
£499 +vat
Project Management Essentials
- £999 +vat
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Managing the project management triangleMaintaining the balance of the project management triangle requires strategic decisions and careful trade-offs between scope, time, and cost. Here are some tips to help:
- Choose at least one flexible constraint
- One constraint should be identified as more flexible than the others. This allows some wiggle room when dealing with changes or issues. Ask yourself:
- Which constraint is easiest or least impactful to change?
- Are stakeholders willing to adjust scope, extend deadlines, or increase budget if necessary?
How will increased flexibility in one constraint impact the other two?

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- Copied!Key takeaways
LuxemburgMalta
A
fishbone diagram
is a visual tool that helps teams identify and categorise the root causes of a problem. The diagram resembles the skeleton of a fish, making it intuitive and straightforward to use. At the ‘head’ of the diagram, you place the
problem statement
– the issue that needs addressing. This serves as the focal point of the analysis.
Branching off from the spine are the ‘bones,’ which represent potential
causes
of the problem. These are organised into various categories, allowing teams to explore different angles of the issue systematically. Each ‘bone’ signifies a distinct cause or factor, and further branching can detail sub-causes. This structured layout not only clarifies complex problems but also encourages comprehensive brainstorming and analysis.


