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Should project managers solely rely on the project life cycle for their decisions on time, resource, and staff allocation, or should they consider additional factors?

  • Should project managers solely rely on the project life cycle for their decisions on time, resource, and staff allocation, or should they consider additional factors? If other factors are needed, what should be considered?
  • Is the project life cycle one of the better forecasting and resource allocation tools, or are there better alternatives?

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