Regarding the time factor, there are two key needs. Firstly, there is a real need to organize and deliver the project. Secondly, there is also a real need to establish key or milestone dates that must be met if the project is to meet its deadline. Such milestones can initially be set at high or strategic levels regarding the project overall.

As for the cost factor, generally, there is a cost constraint in that there may be limited financial resources allocated to a project. Therefore, it may be necessary to investigate these two key areas. Firstly, evaluating the initial project price forecast is crucial as this is required to develop a meaningful management cost control system. Secondly, identifying the project cost limits, overall initial design, and relevant development cost limits is crucial as the availability of such reliable cost information will enable us to decide whether the project should proceed and, if so, which proposal would facilitate the optimum use of finance.

Regarding the quality factor, a draft quality statement must be in place to set out the anticipated quality plan and quality assurance requirements. Such information will ensure that the relevant standards that can be achieved with the project budget are made known to the client.