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Understand the Iron Triangle

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My Dad shares some Valuable Advice for all New Contractors, Is this True, Thoughts?

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The second tip introduces the 'Iron Triangle' of project management: Time, Quality, and Cost. The core message is that clients can only realistically choose two out of these three aspects. For example, a project can be fast and cheap, but quality will suffer; fast and high-quality, but expensive; or high-quality and cheap, but will take a long time.

Goal: Effectively manage client expectations regarding project constraints

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contractor. Ready? Here's tip number one. Never put volume over profit. Tip number two, don't overlook the iron triangle. Time, cost, and quality. Your customers can only pick two. Tip number three, try to only work for the principal owner. Tip number four, your first employee should

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