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Which one is more important: the schedule, the budget, or the scope?

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Which one of the project management constraints (schedule, budget, scope) do you think is the most important, and why? Does the answer depend on the industry (for example, in construction projects the scope is the most important, while in IT projects the schedule is the most important)?
asked 6 years ago by anonymous

2 Answers

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It is not your responsibility, as a project manager, to determine the importance of each constraint, this is the job for your stakeholders, namely your project sponsor and your client (as the answer below states).

The importance of each schedule is represented by a decimal number from 0 to 1. For example, in one of your projects, the schedule can have an importance of 0.5, the budget of 0.4, and the scope of 0.1 (this means that the schedule is the most important, and then the budget, and finally the scope). Keep in mind that the sum of all "importances" must be 1.
answered 6 years ago by MaplePM (46,940 points)
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The one that is most important is the one that your client, the project sponsor, wants you to meet the most. In general, once they pick two of these and set a limit on them, they have in effect decided how the third constraint will need to be managed.  I would make it a point at the project start to figure out which one the client wants to meet the most.
answered 6 years ago by sdcapmp (45,840 points)

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