Webinar Recording: Understanding the Project Management Triangle (Spanish)
The iron triangle is actually a very simple representation of the key elements needed for successful project planning. Scope, time and cost/resources. Resources are the only and/or critical element of the price in many industries. People are the most valuable asset that cannot simply be increased, reduced or multiplied. Similarly, machine resources have a certain production capacity and cannot be changed by a simple click.
Easy Redmine - The iron triangle
But how does the iron triangle fit into the overall picture? Very conveniently. It offers us a simple but effective answer when we should use the planning of the Waterwall methodology and, on the contrary, when to choose an agile approach.
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