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What does the project manager actually manage? Simply, there are four aspects of the project that need to be recognized as being in need of managing: 1) the project, 2) the project team, 3) the functional managers associated with the project, and 4) the stakeholders.
The project can be characterized simply in terms of eight concepts: 1) what, 2) why, 3) where, 4) when, 5) who, 6) how, 7) how much, and 8) within what limits.