Risk management is time consuming and consequently costly but it is often more costly to rush forward without considering risk, because when the unexpected happens, we have to react, which involves delay, rework, and sometimes waste.
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Common Project Manager Mistakes: #1 Limiting Stakeholders
Who is the customer of the project? Is it the group that will use the results of the project? Is it the group that asked for the project to be done? Is it the group that is paying for the project? The answer is “all of the above” and there may even more stakeholders.
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