Reconciling the Budget

While acknowledging the Construction Trilemma, which declares that you can only have your hand on two of three dials – Scope, Quality, and Cost – while making decisions, you can still find yourself puzzling over how to reconcile a project’s budget with its program.  When you get to this over-the-budget stalemate, what can you do? Most construction professionals will immediately…

The Construction Trilemma

A trilemma is a difficult choice posed by three options.  It can be a choice among three favorable options, only two of which are possible at the same time.  The Construction Trilemma, which faces almost all institutions that build, involves three choices. These choices can be thought of as dials, where your hands can only be on two dials…

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