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__________are large-scale, customized initiatives that consist of many smaller tasks and activities that must be coordinated and completed to finish on time and within budget.

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Answer:

Answer is PROJECTS.

Explanation:

Projects can also be explained as the carefully planned piece of work which analysed the processes of building or improving a particular thing.

It help or useful in making changes that are desirable in a well organized and planned manner.

Implementation of projects bring development to the society.

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