Components of project triangle matrix

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Question

Continuing from the case study in Question 2, assume that the Board of Directors has approved Option 2. Given the importance of the Heller system, its features and functionalities must remain the same, and its prior system specifications can be reused. The Board has also approved the initial budget, with sufficient buffer to accommodate further budgetary revisions if required. However, James has been instructed to ensure that the new system to go-live within a year, with a maximum of 2 additional months for contingencies. Appraise how the interrelationships between the three (3) components of the Project Triangle Matrix by determining the relative priorities of the three (3) project elements with the below table that lists three project elements against three levels of priority. Explain your answer with case facts.

Reference no: EM134024294

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