QUESTION:

The Iron Triangle $($also known as the Triple Constraint$)$ in project management refers to the three interdependent constraints of a project: scope, time, and cost. Quality is often considered the central element influenced by these constraints. Risks associated with the Iron Triangle can significantly impact a project's success if not managed effectively.

You have been assigned as part of a project team tasked with developing community facilities for people affected by floods in East Malaysia. The facilities include temporary shelters, a community hall, and basic amenities. The project faces challenges within the constraints of the Iron Triangle $($scope$,$ time, and cost$).$ Your task is to identify, analyse, and propose solutions to the risks that could affect the project's quality, time, and cost.