Glossary

A collection of blog articles about common terms and topics in project management.

How to manage project tolerances (with PRINCE2® 7 guide)
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How to manage project tolerances (with PRINCE2® 7 guide)

Tolerances are an important part of being able to work autonomously as a project manager. You need to have the authority and freedom of action to be able to change the direction the work is going in. However, the project sponsor is the person responsible for decisions that affect the project budget and the schedule,…