Constraints

Project constraints are limiting factors for your project that can impact quality, delivery, and overall
project success.  The following are the constraints we recognized in accomplishing our project:

 Cost

Equally important to us is how much this project will cost. As with time constraints, our budget estimates
need to be presented in a range. We must consider the estimated cost of budget by considering all costs:
material, delivery of the product and other costs incurred in making the product. We want to stick very
closely to your proposed budget, while keeping an open mind about changes that may affect costs.

 Time

Given the short amount of time, we might face some problems in creating, marketing and selling our
products. It is a constraint because we have set specific time on when to accomplish this project. The
project timeline will be important to the outcome, as failing to stay on schedule could result in the failure
of the project as a whole.

 Risk

We usually think of threats—what might go wrong when we plan for risks. Our team with the supervision
of the project manager, must be able to reasonably foresee failures at every step of a project, and prepare
for them accordingly. This can involve playing out what-if scenarios and formulating contingency plans:

What if a buyer fails to pay or cancel his/her order?

What if we lose any number of resources due to lack of stock?

What if the market takes a huge swing?

What if our competitor launches a similar product at the same time?

 Quality and Customer Satisfaction

Quality is one of the major constraints of every project. We considered it as a constraint because we are
uncertain if the quality of the products that we will be producing will satisfy our customers especially that
we will be making it using our bare hands and it is also our first time doing it. Customers are the source
of money and if we cannot satisfy our customers, we will not be able to stand against competition during
time. Therefore, customer satisfaction is a crucial project constraint.

We know that no project can be planned or managed down to every single possibility. But you
can, within reason, work well within your given limitations to bring about as much predictability as
possible. The key is remembering what your project constraints are, how they impact each other, and
when they indicate a change in course is necessary.