Assumptions and Constraints in Project Management | Assumptions vs Constraints PMP Concept Explained

Uncover the concepts of assumptions vs constraints in PMP (Project Management Professional) with this concise video. Learn how Assumptions and Constraints can effect a project's goals and objectives.

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00:00 - Intro
00:18 - Assumptions and constraints
00:38 - Assumption
01:33 - Project constraints
02:05 - Business constraints
02:27 - Technical constraints
02:43 - Assumptions vs Contraints

An assumption is something that is believed to be true based on our knowledge, experience, and information provided by our team members. These are anticipated events or issues that are expected to occur during our project life cycle.

Assumption analysis is a part of the risk management process. If it is not made properly analyze, it may affect the project’s health. The project management plans need to change if assumptions are verified wrong.

Project constraints are anything that restricts or dictates the actions of the project team such as the limitation of cost, schedule, resources. Projects must be executed within the boundaries restricted by the constraints.

As per the PMBOK Guide, the following are the six constraints that are recognized as determining factors in project management:
• Scope
• Quality
• Schedule
• Budget
• Risk
• Resources

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