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What Are Some of the Benefits of Using Project Management

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What are some of the benefits of using project management?


Definitions:

Mitigate Damages

The requirement for an injured party to take reasonable action to minimize the amount of damages caused by a breach of contract or tort.

Breach of Contract

The violation of a contractual obligation, where one party fails to fulfill their part of the agreement.

Subjective Standards

Criteria based on personal opinions, interpretations, or judgments rather than objective measurements.

Substantially Performs

Refers to a party's fulfillment of their core contractual obligations, even if minor specifics are not completed to the letter.

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