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IT IS THE RARE PROJECT MANAGER who is a brilliant strategist and a skilled tactician, but to manage projects successfully, both capabilities must be brought to bear. The authors propose ten critical success factors for projects, break them dawn into strategic and tactical subgroups, and place that model in a project life-cycle framework. They discuss what problems are likely to occur if a project is well formulated strategically but mishandled tactically, or well executed but poorly conceived. Ed.