Question Detail

AMS 104 Past Questions AMS 104 4 Objective Question

Question

Why is the iron triangle important in project management?
Options
A It eliminates all project risks
B It provides a framework for trade-off decisions
Correct Answer
C It guarantees project success
D It replaces the need for planning
Correct Answer

Option B is the correct answer.

Detailed Explanation

It helps managers analyze the consequences and make trade-offs when project variables change[cite: 3].

Hint

A conceptual tool for making trade-offs when conditions change.

Question Info