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Describe the difference between formal and informal systems.
Observable Facts
Information or phenomena that can be noticed and verified through direct observation or evidence.
Qualitative Information
Data that approximates and characterizes but cannot be measured with numbers, often involving descriptions and observations.
Project Managers
Professionals responsible for planning, executing, and closing projects, ensuring goals are met on time and within budget.
Judgments
Formal decisions or conclusions reached by reasoning or assessment of the available evidence.
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