Answer:
The term "Iron Triangle" is used in two very different fields: in US policy and in the field of Project Management. In each field it has different meanings.
Explanation:
<em>"Iron Triangle"</em> in US policy:
It refers to the relations between congressional committees, bureaucracy and interest groups of society. The idea that underlies this term is that administrative policy-making groups seek to consolidate their power base with members who share common interests. The power of these agencies is determined by the electoral district. When an agency aligns or establishes alliances with certain electoral districts, it may be able to affect political issues and decisions that are taken to congressional committees and subcommittees. That's where the Iron triangle comes into practice.
<em>"Iron Triangle" </em>in Project Management”
It refers to the relationship between time, cost and quality. Those who have studied these relationships say that when one "point" of the triangle changes, the other two points change as well. For example, if quality changes, time and cost will increase
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