Blow-up the Iron Triangle: Rethinking Software Project Goals and Approaches to Increase Business Value
Presentation accompanying paper presented at 7th Annual UT Dallas Project Management Symposium
Paper can be downloaded from: http://goodrequirements.net/2013/utd-pm-symposium
From the modified Abstract:
There is a dichotomy in how executives and executors (those of us who do the work directed by the executives) view projects. Executives are focused on solving the significant corporate issues of the day and adding value in an ever-competitive market. Meanwhile, executors are measured against how well they control progress towards established project targets. The difference between these two are vast and the implications distort projects across the globe. It doesn’t have to be this way.
In an effort to bring more value, save more time, and make a bigger difference, software projects are rethinking every part of project delivery. Companies are attempting new approaches to solve challenges and opportunities.
These changes herald how the definition for project success is moving from the Iron Triangle of Schedule-Cost-Scope to a more flexible and impactful model of Value-Quality-Constraints. The tectonic shift influences nearly all elements of how software projects are conceived, executed, and measured. From redefining the problem statement to piloting solutions in a matter of weeks, the new focus on value over traditional project metrics shakes project management and requires a new understanding.