NWITP Monthly Newsletter: November 2013

A BIG thank you to the whole NWITP community for supporting us in our entire journey. As we progress and expand the community, we are starting this monthly newsletter to keep the whole community informed about the upcoming events from NWITP, and the industry news. If you have any feedback or suggestions, feel free to write to us at contact@nwitp.net.

 

Upcoming Events

If you are a PMI member, and are planning to give your PMP Certification exam soon, then join PMP Bootcamp hosted by NWITP in Redmond Town Center, Building 4, on December 2, 2013. You will get to learn from the experts in the industry, who have hands on knowledge of Project Management.

To get more information and register, please sign up here. HURRY last 1 day to GO!!!

 

Latest in Project Management

By Pooja T.

As there is a saying, if a company is not moving its business it means that the business is going to die soon. A successful company is based on the number of successful projects executed by it which make the company stand out in this cut throat competitive market.

Almost every project needs to be performed and delivered under certain constraints. These constraints are known as Project Management Triangle as well as Iron Triangle or Triple Constraints. As a good project manager, it is very important to know that the challenge of every project is to make it work and be successful within the triple constraints; the triple constraints being scope, cost and time.

These three elements of a project need to work in tandem with one another. It is only when the project manager understands and effectively balances these three elements that guarantee the successful planning, resourcing and execution of a project.

If one of the triple constraints is changed or modified, it will affect other two constraints. Also, it needs to be considered that any change in the triple constraints will have an impact on the quality of the product. Therefore, whenever there is a change in the project, which may affect the triple constraints, the project manager needs to make sure that the change is acceptable to the stakeholders.

An effective way to demonstrate this concept is to ask the stakeholder, “I have three cards in my deck; Better, Faster, and Cheaper and you can pick only two. Which one would you like to go for?

Follow the blog to know if AGILE, one of the big BUZZWORDS of the IT development industry, can conquer the physics of the “TRIPLE CONSTRAINTS”.

 

Join Us

There is nothing more joyful than giving back to the community you learn from. There are multiple ways you can volunteer – help in events planning/organization, or instruct the classes if you are PMP Certified. If you are interested in joining the core volunteer team, then mail us at contact@nwitp.net.

 

If you would like to unsubscribe to our newsletter, please send an email to contact@nwitp.net.

 

Thanks,

Silvia Doomra

Vice President, Communications and PR, NWITP

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