Definition of a Successful Project – It’s Different.
While managing any project, a project manager (PM) is challenged with successfully juggling three variables at a time. And they are scope (includes the quality requirements), cost (due to resources) and time. If you disturb any, the other two may require adjustments to maintain all three in equilibrium.
In a traditional approach, we understand scope thoroughly (signed off requirements), using which we try to determine how much it would cost and how long it would take. Once you determine this equation, all three are supposed to be fixed. Th...
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