Selecting low-cost suppliers

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IT project managers make decisions when considering the trade-offs between time, cost, quality, and scope, also known as the project management triangle (with scope in the center). Discuss how the shift in business priorities places additional pressure on either all or part of the triangle. For example, if leadership has determined that the organization needs to refocus on becoming an industry cost leader, project managers may need to complete projects significantly under budget by selecting low-cost suppliers, which may have an adverse effect on project quality.

Reference no: EM131496711

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