Explaining need for project trade-offs

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When managing project trade-offs it is important to understand the root cause of the conflict and why the need for trade-offs exists. Project managers must carefully evaluate information about the problems that are occurring during a project. Things are often more complicated than the situation first appears. When trying to gather more information about the conflict, what types of questions should the project manager be asking?

As you are gathering information for your decision, will you always have all the information necessary to make the best decision? How much time and effort do you spend seeding information? What are the possible project impacts if you spend a lot of time gathering information versus spending the least amount of time possible?

Reference no: EM1335956

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