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Project Objectives



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Three basic objectives that a project must meet to ensure its successful conclusion:


- Time Objective
- Cost Objective
- Quality Objective

Often drawn on the corners of a triangle, the objectives form the basis of the project's strategic information. They also relate to one another; for example a reduction in time may incur additional cost or may reduce overall quality. Project objectives are often a contractual agreement between the project manager, the project's sponsor and the project's Stakeholders.



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