• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for March and June 2025 exams.
Get your discount code >>

Project management

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBL Exams › Project management

  • This topic has 2 replies, 2 voices, and was last updated 4 years ago by shram.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • March 30, 2021 at 6:07 am #615485
    shram
    Participant
    • Topics: 3
    • Replies: 3
    • ☆

    I am confuse with the Constraints of the project I am aware about. Is both option below is right or which one is better than another?

    Either:
    Quality, Time and cost

    Or:
    Human resource, financial resource, technical resource

    March 30, 2021 at 8:15 am #615490
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10585
    • ☆☆☆☆☆

    Both are accurate, but perhaps a hierarchy might help to see how they relate. In addition, the first three can often be regarded as targets more than constraints (though both terms are used)

    Projects must hit their targets of cost, quality, time and scope (ie what the project achieves in terms of deliverables).

    Insufficient human, financial and technical resources resources will threaten those targets. Eg if you can’t get enough people quality, time taken and scope might be missed and costs might increase if you have to turn to subcontracting firms.

    Similarly, insufficient technical resource will play havoc with all the targets (as might be seen in many government projects!)

    March 31, 2021 at 2:52 am #615555
    shram
    Participant
    • Topics: 3
    • Replies: 3
    • ☆

    Thank you for your immediate response.

    I was clear about the terms for first list and second list and its interaction between each other.
    I was only confused with listing for the question asked for constraints of project.
    Now, I think I am clear for constraints i.e choose second list than first list.

    Have a good day.

  • Author
    Posts
Viewing 3 posts - 1 through 3 (of 3 total)
  • The topic ‘Project management’ is closed to new replies.

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • AKN1989 on Linear Programming – Maximum contribution – ACCA Performance Management (PM)
  • Motsotase910 on Contingent Assets and Liabilities – ACCA Audit and Assurance (AA)
  • Kim Smith on ACCA F2 Key to success
  • Barlow1989 on CIMA BA2 – The Management Accountant’s Profit Statement – Marginal Costing
  • JocelynChen on The valuation of mergers and acquisitions (part 2) – ACCA (AFM) lectures

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in