Understand the Iron Triangle
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My Dad shares some Valuable Advice for all New Contractors, Is this True, Thoughts?
What happens here
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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What they say
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