Defining Project Success From Triple Constraints to Shareholder Value

Project management began as a sort of counterculture movement. The original project managers worked outside the organization. In fact, they were normally outside in a trailer at a construction site in what was then a prototypical project office. Back then, the art of project management was something akin to voodoo, and the seal of the craft was the PERT chart. Project managers were measured by their ability to work within the triple constraints. Projects in the past had a bit more certainty in the outcome, as the main source of uncertainty was in the technology used to deliver that outcome. But the tables turn, and as the technology becomes more reliable, we find the definition of the project outcome becomes more illusive. A brief history of this change is given below.

Was this article helpful?

0 0
Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

Get My Free Ebook

Post a comment