The document discusses key concepts in project planning and development. It explains that businesses now operate through project-based initiatives in response to rapid changes in customer demands. However, over 70% of projects fail to meet objectives. The document then defines what constitutes a project and public project. It outlines the common characteristics, life cycle phases, and performance dimensions of projects, emphasizing that scope, time and cost must be balanced. Finally, it discusses project classification and the basic project management process.
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