Answer»
- It defines project management as "the application of KNOWLEDGE, skills, tools, and techniques to project activities to meet project requirements."
- In the project management triangle we are concerned with the management of the project's time, cost, and SCOPE.
- These concerns lead us to manage the project's quality, risk, communications, integration, schedule, performance, stakeholder NEEDS, desires, requirements, and expectations.
- The project management processes—initiation, PLANNING, execution, control, and closeout—take place in each of the project phases, and the phases of the project must USE all of the project management processes.
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