The Golden Triangle of project management is a visual aid with a triangle whose three sides represent the three core constraints affecting the overall quality of a project’s end product (represented by the planar space in the middle of the triangle). Here are the three elements of a Project Triangle: Cost. Time. Scope.. The project management triangle is also known as the project management golden triangle, the iron triangle of project management, and the constraint triangle. It is an important aspect of project planning methodology, especially with such systems as agile PM.
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The golden triangle of project management is a visual model of the constraints that project managers face. It’s presented as a triangle to demonstrate the opposition between the project elements. Similarly, one side of the triangle cannot be changed without altering the others—each of these constraints competes with the others.. A Jedi would be nothing without knowledge of the force and likewise a project is only successful when the Project Manager has knowledge of the Golden Triangle. The Golden Triangle (not to be mistaken with a Quality Street green triangle) ensures that a project is delivered on time, on budget and to the agreed quality. Here is said triangle:
