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RE: LeoThread 2025-02-10 00:58

in LeoFinance4 days ago

Part 2/9:

According to the Project Management Institute (PMI), project management is defined as the application of knowledge, skills, tools, and techniques to project activities to meet project requirements. Every project aims to accomplish specific deliverables within a pre-defined timeframe and budget, making clarity and a comprehensive understanding essential.

Key Project Management Constraints

To manage a project effectively, one must understand the six constraints that affect project success:

  1. Scope: Clear definition of the project's deliverables and what needs to be done.

  2. Time: Schedule constraints dictate when tasks must be completed.

  3. Quality: Ensuring that project outputs meet the required standards and specifications.