Tips for CEOs on addressing the project management triple constrains (time, cost, and quality) when building a tech platform(s).

Following are few considerations for the CEOs when making decisions on tech platform build:

1. Time: When building a platform, the engineering process goes through several stages from requirements, design, development, test, and deployment. The quality of the platform is compromised if any of these steps are skipped or not properly time boxed. Reasonable estimates should reflect the total time to build, iterate, test, deploy and improve.  
2. Quality: Without an effective quality assurance (QA) process the platform does not perform as expected when it goes live and that represents a huge, missed opportunity, potentially damaging marketing and sales growth plans, and customer relations. If the organization uses outside development firms, make sure you can monitor and consistently improve outputs from the firm.
3. Cost: Make sure the allocated budget for the development can deliver the expected results both in terms of features, time and quality.

If the platform is going to be delivered by an external partner, select the one that delivers the work you need at the right price, with an emphasis on quality and realistic timescales. It is important to look at the clients they’ve worked with, how clients rate them, the reviews, and other indicators of their ability to delivery a quality product.