Why can only two of the three factors in the triangle be considered? Because each of these three components (time, cost functionality) are in competition with each other. None of the answer choices are correct Because only two are relevant All of the answer choices are correct Because each of these three components (time, cost,quality) are in competition with each other.

Question

Why can only two of the three factors in the triangle be considered? Because each of these three components (time, cost functionality) are in competition with each other. None of the answer choices are correct Because only two are relevant All of the answer choices are correct Because each of these three components (time, cost,quality) are in competition with each other.

Answer 1

The correct answer is: Because each of these three components (time, cost, quality) are in competition with each other.In project management, the concept often referred to as the "triple constraint" or "project management triangle" involves three key factors: time, cost, and quality (or scope). These components are interdependent, meaning that changes in one factor will likely affect the others. For example, if you want to reduce the time required to complete a project, it might increase costs or impact quality. Similarly, improving quality may require more time or higher costs. Therefore, balancing these three factors is crucial, and often only two can be optimized at the expense of the third.

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