According to the 'tailor to suit the project' principle, what is the basis for effective project management?
According to the 'tailor to suit the project' principle in PRINCE2, effective project management is based on adapting the method to suit the project's environment. This means the approach to managing the project should be appropriate to the specific circumstances of the project, including its scale, complexity, importance, capability, and risk. Reference: PRINCE2 Foundation Handbook, Tailoring PRINCE2 section.
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