A critical success factor refers to an essential element or condition that a project management team must focus on- to ensure that a project is completed successfully and on time. Common CSFs include well-defined goals, optimal resource allocation, realistic project plans, and a robust risk management strategy.
Critical success factors in a project help teams focus on outcomes that truly matter by providing a clear focus on essential aspects, aiding in risk mitigation by addressing bottlenecks early, and promoting stakeholder alignment to meet expectations.
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