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Why Is Project Management Important and Its Advantages

ProProfs Project Management

It may sound like an insignificant question, as the name suggests that PM is all about managing projects. But it is imperative to understand that there are several elements you must control during the project life cycle. The most crucial ones are — ‘Scope,’ ‘Time,’ and ‘Budget’ — which are also known as project triangle.

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Managing Risks and Controlling Projects: How Data-Driven Project Management Come in Useful for Multi-Project Environments

Epicflow Blog

As a rule, a project manager creates this document at the planning stage and needs essential data about the project. A risk register is one of the components of a risk management plan and should be revised at the project execution stage. Mario Vanhoucke (2018). References Mario Vanhoucke (2023).