TSR Model

TSR Model

                                                                 

TSR model depicts the key attributes that must be handled effectively for successful completion and closure of any project. 

Project scope defines the completeness of the product. Scope creep is one of the main risks of quality. It is where additional requirements are introduced after product execution has begun. It affects both time and cost and ultimately product quality. Hence, scope should be well managed in order to achieve a quality product.

Cost/ Resources are another factor we need to focus on. Reducing Cost will affect the product scope and ultimately affect product quality. Cost is mainly associated with resources. When more resources are assigned to a project to shorten the schedule or meet increased scope, the more the cost will increase.

Time is non-recoverable. Changing the project schedule will affect either scope or cost. If the project needs to be completed sooner, more resources need to be allocated. It will increase the cost. Another solution is to reduce the scope where some desired features are left out or de-prioritized.