To all Project Manager, the Triple Constraint, or as I say - the Golden Triangle, is a key component to almost every meeting they attend. People will push the boundaries at every opportunity they can take. As the Project Manager it is vital to accept this and push back to the offender and explain the impact of the change to the project.
The golden triangle covers the Time, Cost and Scope of the project , which all lead to the quality delivery of a project. If you change one, you will affect the other two in one way or another. For example, if my technical analyst on the project changes the server architecture from Physical to Virtual, this could effect both the Price and the Time for installation. If this component is on my critical path, then it could effect the time to completion, in either a positive or negative way. The Price may increase or decrease and will impact the project budget in a positive or negative way.
The golden triangle covers the Time, Cost and Scope of the project , which all lead to the quality delivery of a project. If you change one, you will affect the other two in one way or another. For example, if my technical analyst on the project changes the server architecture from Physical to Virtual, this could effect both the Price and the Time for installation. If this component is on my critical path, then it could effect the time to completion, in either a positive or negative way. The Price may increase or decrease and will impact the project budget in a positive or negative way.