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What should a project manager's considerations be when resourcing projects?
Principle of Exceptions
A management principle focusing on identifying and addressing areas that significantly deviate from the norm or expected results, often utilizing reporting and analysis.
Variances
Differences between planned amounts and actual amounts incurred in operations, budgets, or financial projections.
Standard Costs
Preset costs for the manufacturing or production of goods under normal conditions, used for budgeting and measuring performance.
Standard Costs
Predetermined costs for products or services, used as target costs to compare with actual costs for performance analysis and financial planning.
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