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A summary

A summary of the content in this activity highlighting what is most important.

Projects are a way of working toward obtaining goals in an uncertain environment. Uncertainties are unavoidable and can present both risks (negative event) and opportunities (positive event). When a plan meets reality, one needs to evaluate the situation and many times adjust the plan according to the new preconditions.

Overall, project management implies the balancing of three constraints: Cost limits, time limits and scope (including requirements and specifications). These three constraints are many times illustrated in the form of a triangle, i.e. the project management triangle (sometimes also called the iron triangle).

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Plan for Project Success: Project Planning and Management:

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