write a brief analysis on this:

Among the key competencies that support project success are three $(3)$ fundamental pillars: $(1)$ technical management, $(2)$ strategic management and $(3)$ leadership. Technical management involves mastery of PMBOK tools and methodologies to structure, control and report project progress. Strategic management, for its part, requires the ability to connect the project with organizational objectives, promoting innovation and prioritizing decisions that maximize the value of the product and$/$or service. And finally, leadership, which includes skills such as emotional intelligence, team motivation and conflict resolution, essential to maintain team morale and commitment, especially in difficult and inconsistent environments.