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Good Project Management is critical to keeping strategic targets on schedule. A strategic plan is usually management-driven and forward-looking. That means your strategic plan may take over three, five or ten years to achive it's goal. During that time, you need a heartbeat, or tracking method - to ensure everything is on the right course; or corrections are made at the right time to keep it on course. Any activity performed during the course of a project to ensure it remains on target is called Tactical Planning. Tactical Planning Decisions are made for short-term goals. A good project manager will monitor the overall life-cycle of a project, and suggest changes or adjustments as needed, depending on their requirements (Cost, Quality and Time drive most schedules...)

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