How do scope and budget affect project success?

How do scope and budget affect project success?

The scope defines what is included in the project, while the budget determines the resources available. Both are crucial for success.

Can you give an example of how a change in scope impacts the budget?

Sure! If a project scope expands to include additional features, the budget may need to increase to accommodate the extra work.

What happens if the budget is cut but the scope remains the same?

If the budget is cut, it may lead to compromises in quality or timelines, as the same scope would require more resources than available.

How can project managers balance scope and budget effectively?

Project managers can prioritize features, use agile methodologies, and maintain clear communication with stakeholders to balance both.