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Project Management Triangle

Definition

The project management triangle consists of target variables in project management that determine the success of a project. It is used as a controlling element.

Structure of the Project Management Triangle

The three target variables time, costs, and performance (or quality) are symbolized by the corners of a triangle. If one target variable is changed, this affects the other two and can jeopardize the achievement of the project goal.

In order to keep the project management triangle in balance, the corners should always be in equilibrium.

Project Management Triangle