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Essential product management skills
How to work effectively with cross-functional teams
How to identify and prioritize customer needs
The triple constraint theory tells us that every project operates within the boundaries set by three constraints:
These constraints are inter-connected. If you change something about one of them, the other two will be impacted as well. A manager has to find the best combination of these three constraints.
Each task and process in the project have a scheduled time allocated for their completion.
Steps for managing the schedule of the project development process:
The budget processes related to the project include estimating the cost of all the little parts.
Methods to estimate the cost of the project.
Other methods for budget estimation are vendor bid, reserve, and quality analysis.
The scope of the project is defining the tasks and activities that are being done in the project development process.
The scope document includes:
In recent years, constraints beyond the triple constraint factor have been discovered. They are:
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