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'Delivering Solutions, On Time, On Spec, and On Budget'

TBS has the expertise to manage and oversee small to large system development project our services cover managing all aspects of the Software Development Life Cycle (SDLC) from project inception to deployment and maintenance. Whether the project is being developed internally or outsourced to a third party we can ensure that the overall risk of project failure is reduced, end product meets requirement, within cost and delivered on time.

TBS has the expertise to manage and oversee small to large system development project. Our services cover managing all aspects of the Software Development Life Cycle (SDLC) from project inception to deployment and maintenance. Our goal is to ensure that overall risk of project failure is reduced, end product meets requirement, within cost and delivered on time.

Project Management is the discipline of organizing and managing resources in such a way that these resources deliver all the work required to complete a project within defined scope, quality, time, and cost constraints.The first challenge of project management is to ensure that a project is delivered within defined constraints. The second, more ambitious challenge is the optimized allocation and integration of inputs needed to meet pre-defined objectives. A project is a carefully defined set of activities that use resources (money, people, materials, energy, space, provisions, quantity, risk, communication, etc to meet the pre-defined objectives.

The Triple Constraints: Time, Cost and Scope (Quality)
Like any human undertaking, projects need to be performed and delivered under certain constraints. Traditionally, these constraints have been listed as scope, time, and cost. This is also referred to as the Project Management Triangle, where each side represents a constraint. One side of the triangle cannot be changed without impacting the others. A further refinement of the constraints separates product 'quality' or 'performance' from scope, and turns quality into a fourth constraint.
The time constraint refers to the amount of time available to complete a project. The cost constraint refers to the budgeted amount available for the project. The scope constraint refers to what must be done to produce the project's end result. These three constraints are often competing constraints: increased scope typically means increased time and increased cost, a tight time constraint could mean increased costs and reduced scope, and a tight budget could mean increased time and reduced scope.
The discipline of project management is about providing the tools and techniques that enable the project team (not just the project manager) to organize their work to meet these constraints.

Time
For analytical purposes, the time required for each task is estimated. It is important to divide the work into several smaller pieces so that it is easy to measure progress. A Work Breakdown Structure (WBS) is commonly used to develop the list of tasks each of which is then given a time estimate. Time is not considered a cost or a resource since the project manager cannot control the rate at which it is expended. This makes it different from all other resources and cost categories.

Cost
Cost to develop a project depends on several variables including (chiefly): labor rates, material rates, risk management, plant (buildings, machines, etc.), equipment, and profit.

Scope
Scope is the overall definition of what the project is supposed to accomplish, and a specific description of what the end result should be or accomplish. A major component of scope is the quality of the final product. The amount of time put into individual tasks determines the overall quality of the project. Some asks may require a given amount of time to complete adequately, but given more time could be completed exceptionally. Over the course of a large project, quality can have a significant impact on time and cost (or vice versa). Together, these three constraints have given rise to the phrase "On Time, On Spec (Scope), On Budget".