Question: This assignment is divided into three parts: Part 1 : Individual Report writing. Each student must prepare an individual report that covers: 1 . Analyses
This assignment is divided into three parts:
Part : Individual Report writing.
Each student must prepare an individual report that covers:
Analyses the Iron Triangle constraints scope time, and cost for the floodrelief community facilities project.
Literature Review.
i Identifies three key risks related to each constraint:
Scope Risks: Risks that could lead to unclear or changing requirements.
Time Risks: Risks that could delay the project timeline.
Cost Risks: Risks that could result in budget overruns.
ii Floodrelief community project issues and challenges.
Provide an initial analysis of the likelihood and potential impact of each identified risk each identified risk likelihood and potential impact.
Suggest preliminary mitigation strategies for each risk. marks 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.
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