Pyramid Diagram

Project Triangle

Those triangles within any technical analysis are known to be the chart patterns that can be commonly found in the price charts of the financially traded assets, such as stocks, futures, bonds, etc. The pattern is known to be deriving its name from the fact that it is characterized by some contraction in a price range being the converged trend lines, giving it a triangular shape.

Triangle patterns are known to be broken down into three different categories: the ascending triangle, the symmetrical triangle and the descending triangle. While the shape of the triangle is significant, the direction of more importance that the market moves when it breaks out of the triangle. While the triangles are known to be sometimes reversing its patterns — meaning reversing the prior trend — they can be normally seen as the continuation patterns meaning the continuations of the prior trends.

The Project Management Triangle is one of the most popular and widely used drawings to make by using the ConceptDraw PRO diagramming and drawing application that enables to edit the already existing, the pre-made templated of the triangle charts from the Pyramid Diagrams solution of ConceptDraw STORE application – another very useful product of CS Odessa that was developed especially for a reason of providing all the ConceptDraw PRO users with the so much needed stencil libraries full of the design symbols as well as the professionally created layouts.

Pyramid Diagram

Example 1. Pyramid Diagram Solution in ConceptDraw STORE

Known to be also called as the Triple Constraint, "Project Triangle" and Iron Triangle, a triangle chart that is still most commonly known to be called as a “Project Management Triangle”, is a well-known model of the constraints within a project management activity. For a reason of its origins being unclear, such triangle chart has been used since the 1950s at least, contending that the quality of work should be constrained by the project's budget, the scope (meaning the features) and the deadlines.

Pyramid Diagrams. Project triangle chart

Example 2. Pyramid Diagram. Project management triangle chart

Any project manager can trade between the previously mentioned constraints within a triangle chart. Any changes in one of the constraints may lead to the other changes appearing in the other in order to compensate the quality that may suffer. Thus, any project can be completed much faster by cutting its scope or increasing its budget. That is why increasing the scope may require the equivalent increases in both schedule and budget. Cutting a part of a budget without adjusting either the scope or the schedule may lead to lowering the quality.

Although, any trading between different constraints may sometimes not be possible. As an example, any project manager may suggest throwing money or/and at a fully staffed project which may simply slow it down. Also, in the poorly run projects, it may be often possible to improve schedule, scope or budget, without adversely affecting the quality itself.

The Project Management Triangle can be also used for analyzing different projects. Being misused for defining the success at a reasonable quality within the established budget and schedule, it still may be insufficient as a model of a project success omitting the crucial dimensions of success, such as an impact on the stakeholders, user satisfaction and learning.

The time constraint can refer to the amount of all the time that is available for completing some a project. The cost constraint can refer to the budgeted amount that is known to be available for the project. The scope constraint can refer to what has to be done in order to produce some project's end result. All three constraints can be often competing ones as the increased scope usually mean the increased cost and increased time, a tight time constraint may mean the increased costs as well as the reduced scope, and not enough budget may lead to increasing the time and reducing the scope at the same time.

The discipline of any project management is known to be providing the needed techniques and tools that enable all the members of the project team to organize their work in order to meet the mentioned constraints. There is another approach that can be used within a project management: to consider all three constraints to be finance, human resources and time.

Thus, in case some job has to be done in a shorter time, then surely more people may be involved in solving some particular problem, but in return it will raise the cost of the project overall. But, also, it is still possible to do this task quicker by reducing the costs elsewhere in the project by some equal amount.

As a project management graphic aid, making a triangle can help you show both resources and technical objective, as well as time as the sides of one triangle, instead of its corners. The distance between the inner and outer triangles can illustrate the contingency or the hedge for each of the mentioned three elements.

Pyramid Diagram

Example 2. Pyramid Diagram in ConceptDraw PRO

The real value of any project triangle that can be always created with the help of ConceptDraw PRO diagramming and drawing software is to show the complexity that is known to be present in any of the projects. The plane area of the triangle is the one representing the nearly infinite variations of different priorities that can exist between the already described three competing values. Knowing the limitless variety, using this graphic aid can facilitate making much better project decisions as well as project planning, ensuring the alignment among all the team members as well as the project owners.

A term “scope” within the project management might need the requirements that were previously specified for achieving some that much-needed end result. The overall definition of what the project is expected to accomplish as well as some specific description of what the end result should be may lead to the needed results. And using the right drawing tool such as a ConceptDraw PRO one may guarantee the needed outcome.



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Pyramid Diagram and Pyramid Chart

Any hierarchical structure of any company can be represented as a triangle or a pyramid. You can create a pyramid diagram and pyramid chart of any complexity using special libraries included in ConceptDraw PRO. Actually, any knowledge or chain of facts can also be depicted as a pyramid. A wide range of graph and chart are utilized in marketing to maintain documentation and various visual issues, that deal with marketing information and data. The marketing value pyramid can be created to illustrate how the value of company, or product is based on its competitiveness. To design this diagram we used ConceptDraw PRO drawing tools in conjunction with Pyramid solution for Solution Park.Pyramid diagram example - Market value pyramid
Picture: Pyramid Diagram and Pyramid Chart
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Pyramid Diagram

The Project Management Triangle Diagram depicts three main constraints of any project: scope, time and cost. Projects have to comply with the specified scope, projects should be finished in time and projects need to consume the budget. Each of the constraints represents one side of the triangle, and any change in budget or timing or scope affects the entire diagram.Pyramid Diagrams. Project management triangle diagram
Picture: Pyramid Diagram
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Project — Working With Costs

ConceptDraw PROJECT delivers a rich set of built-in functionalities and optional product extensions that support your daily workflow in time-saving and creative ways. This video lesson will teach you how to work with costs in your project document.Project Management Software. Gant Chart - New Product Launch Execution
Picture: Project — Working With Costs

Pyramid Chart Examples

When we think of an hierarchy, we intuitively imagine a pyramid. Thus, a lot of management tools use pyramid charts as examples or illustrations of various documents or models. You can create any type of triangle diagram using ConceptDraw PRO. A triangle (pyramid) diagram is often used in marketing to show the data hierarchy. This pyramid diagram represents the Top Brand Model. It illustrate the model of rebranding strategy. It can be used by marketing agency dealing with rebranding strategies development. It’s critical for marketing diagrams to be both clear and eye catching. ConceptDraw Pyramid diagrams solution meet all these requirements and can be successfully applied for creating and presenting various marketing pyramidal diagrams.Pyramid Diagrams. Cosystem goods and services
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UML Use Case Diagram. Design Elements

UML Use Case Diagrams are used to illustrate the structure of arbitrarily complex systems and illustrates the service consumer - service provider relationship between components.UML Use Case Diagrams: Design Elements  (Win, Mac)
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Pyramid Diagram

The Time-Money-Quality Triangle illustrates an advertising truism, that you can't have all three.Pyramid Diagrams. Time quality money triangle diagram
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Basic Flowchart Symbols and Meaning

While creating flowcharts and process flow diagrams, you should use special objects to define different statements, so anyone aware of flowcharts can get your scheme right. There is a short and an extended list of basic flowchart symbols and their meaning. Basic flowchart symbols include terminator objects, rectangles for describing steps of a process, diamonds representing appearing conditions and questions and parallelograms to show incoming data. This diagram gives a general review of the standard symbols that are used when creating flowcharts and process flow diagrams. The practice of using a set of standard flowchart symbols was admitted in order to make flowcharts and other process flow diagrams created by any person properly understandable by other people. The flowchart symbols depict different kinds of actions and phases in a process. The sequence of the actions, and the relationships between them are shown by special lines and arrows. There are a large number of flowchart symbols. Which of them can be used in the particular diagram depends on its type. For instance, some symbols used in data flow diagrams usually are not used in the process flowcharts. Business process system use exactly these flowchart symbols.Flowchart Symbols and Meaning, workflow diagram symbols, process flow diagram symbols
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Pyramid Diagram

Zooko's triangle is a diagram named after Zooko Wilcox-O'Hearn which sets out suspected tradeoffs for a system for giving names to participants in a network protocol.Pyramid Diagrams. Zooko
Picture: Pyramid Diagram
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Pyramid Chart Maker

ConceptDraw PRO is a powerful diagramming and vector drawing software which offers the extensive drawing tools for creating various types of diagrams. Extended with Pyramid Diagrams Solution from the Marketing Area, it became the best Pyramid Chart Maker.Pyramid Chart Maker
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Pyramid Diagram

When thinking about the process of decision making, it's easy to imagine it as a pyramid. We will look at a three level pyramid model as an example. Operational decisions are first that come to mind, and it's the first level. Tactical and strategic decisions are the second and the third levels. Pyramid (triangle) diagrams are used to show some hierarchical data. Because to the pyramid form of diagram, each diagram slice has a different width. The width of each segment depends on its hierarchical level. The current image illustrates the model of information system types. Most graphically the model can be represented as a three level pyramid. The first level shows a system of transaction processing It is concentrated on operational tasks. The second level is devoted to tactical solutions of the information system management. And at least, the third level addresses strategy and represents the executive information system. This three level pyramid sample is supplied with the ConceptDraw Pyramid Diagrams solution from Marketing area of ConceptDraw Solution Park.Pyramid Diagrams. 3 level pyramid model of information systems types
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