Iron Triangle for Resources Management in Microsoft Project Management

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Microsoft Project Management
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1. Development of an Iron Triangle for Resources Management
The iron triangle models constrictions of project management together with its
limitations are regarded as “iron” since it is not possible for one the alter any of the
constraints without affecting the rest of the constraints. According to the pioneer iron triangle
recommended by Dr. Martin Barnes in 1969, it takes the waterfall line of attack in the
development of the project products, which means that the variables such as the scope, time
and resources are fixed (Gemünden, 2015, p. 5). In that case, it means that the software
project development team has to start the project by describing the product requirements by
determining the project’s scope. The project’s scope is a list of the items required for the
project. Therefore, the schedule as well as the resources are only but variables, thus they are
only approximated with regard to the fixed scope.
Constraints of the Iron Triangle
Despite the iron triangle being faced by three major constraints scope, resources and
time its core aim is to act as the compass direction for project management team under the
leadership of the project manager. As a result the project manager has to make sure that the
project team has been provided with the necessary information as far as the project
development is concerned (Bronte-Stewart, 2015, p. 26). It should be noted that for the
project to achieve its target the project manager has to provide the project tem with all these
requirements as well as necessary information to make trade-offs that are capable of
supporting the business. For instance, in case the project team is faced with a fixed scope
when they are halfway the project and find out that they have not or will not be in the
position to hit the projected deadline; the only variables that they can play is time and
resources (Badewi, 2016, p. 763). The team can accept a new release date or they can decide

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to increase of the workforce supply to the project and this will automatically raise the costs of
the project.
Features of the Iron Triangle Project Management
The iron triangle is typically constrained by three primary components that can be
expressed in a number of ways. The three key constraint, which is also referred to as the iron
triangle when it comes to project management describes how the project should be
developed.
Time: A project activity can take a short period or a long period to be attained. In order to
realize the project product is delivered with a specified period of time, a number of aspects
have to be factored in such as the size of workforce working on the project, their experience
as well as skills. Indeed, time is vital necessity that is not controllable, but failure to realize
the project’s set dates it can result in adverse impacts. Subsequently, the key reason for the
project not to be able to accomplish delivering of the product in time is due to lack of
resources.
Budget: The budget is imperious both on the side of the project manager and the business to
have a charge estimate when performing a project task. The most important aspect in project
development is resources since it ensures that the project under development attains the
originally desired cost. Nonetheless, in some instances, project may be unable to meet the
anticipated project due to inadequate resources. The reason for such inconveniences is as a
result of introducing of changes in between the project course by the project supervisors and
the customer. Therefore, this makes it hard for the project manager to deliver the initially
agreed upon product with the earlier stated resources. Consequently, the project managers
gets forced to allocate additional resources in order to be able to attain delivering the project

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product. However, this process is accompanied with some consequences for the
inopportuneness of the extra charges.
Scope: The scope is primarily about the final product results of the project undertaking. The
scope consists of a list of deliverables that must be factored in by the project leader and their
teams.
Quality: In spite quality not being among the iron triangle project management components,
it is the ultimate objective of every deliverable. As a result, this is the main case for the
project management iron triangle representation strive for quality product delivery.
Stages of Project Management
For the successful delivery of a project product the project undergoes a number of
phases. By sub diving a project in small phases is to make it possible to lead it in the required
direction. The project is organized into phases as a way to make it easier to monitor the
project development progress as described below.
Initiation Phase: It is the initial stage of the project, during this stage, the idea of the
project is explored and elaborated. The objectivity of this goal is to examine the project
feasibility. Additionally, it is at this point that decisions are made regarding the person that
should lead the project, the parties that will be included and to find out if the project has a
strong base among those involved. The project managers writes the project prospective
proposal which comprise a description of all the above listed issues like costs, scope of the
project and time.
Definition Phase: Once the project plan that was developed during the initiation stage is
approved, the project moves to the next phase, the definition phase. In the definition stage,
the requirements connected with the project outcome are specified in the clearest way. It
entails the identification of all parties involved with respect to the project outcome. The