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Engineering a robust interaction between the project management principles set forth by PMBOK® and contemporary practices like Six Sigma / TOC (theory of constraints), can actually yield rich dividends to organizations. In a complex world of rapidly converging technologies, philosophies and ideas, we often see that there is a synergistic overlap between project management and contemporary practices. The rigorousness and comprehensiveness of Project Management makes it a self-evolving philosophy that keeps enriching itself by continuously imbibing the goodness of contemporary practices. Philosophies like Six Sigma and TOC play a great complementary role in project management and have maintained their relevance because of their inherent strong focus on problem-solving and objectivity.