Description: Key assumptions in software project management are the fundamental beliefs or claims that are assumed during project planning. These assumptions are essential because they influence decision-making, resource allocation, and the definition of project objectives. When establishing a project, teams often rely on certain premises they consider true, even if they are not always verified. For example, a key assumption might be that particular resources will be available throughout the project’s lifecycle or that client requirements will not change. Identifying and documenting these assumptions is crucial, as they can significantly impact the project’s success. If an assumption turns out to be incorrect, it can lead to delays, cost overruns, or even project failure. Therefore, it is essential for project management teams to review and validate these assumptions throughout the project’s lifecycle, adjusting their plans as necessary to mitigate risks and ensure the project stays on track.