MSF (Microsoft Solution Framework) Question:
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Tell me about Project trade-off matrix?

Answer:

It is a tool to manage project trade-offs. This is kind of a signed agreement with the customer to find the priorities of the variables while making trade-off decisions. This matrix allows categorizing the variables into 3 sections: fixed, chosen, adjustable. Fixed constraints are unchangeable, chosen are desirable priorities and the adjustable ones are to keep a balanced for fixed and chosen ones.

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