What are the two primary questions a client will ask you when beginning a project? Why is it hard to answer these questions?
What are the two primary questions a client will ask you when beginning a project? Why is it hard to answer these questions?
INTRODUCTION:
Project management is the process of planning, carrying out, and overseeing a project. It involves choosing and managing the project's objectives, constraints, budget, and timetable. Risk management must be a part of project management since it is crucial for identifying and minimizing risks that could affect the project. Risk management is essential since it ensures that the project is completed on schedule, within budget, and with the desired results. Project managers can change the project plan to remove or decrease risks when concerns are discovered early.
This can help ensure the project's success while also saving time and money. Effective risk management has various advantages, including better project planning, enhanced stakeholder communication, and lower project costs. Project managers may improve the likelihood of project success and guarantee that their projects are delivered on schedule, within budget, and to the appropriate quality standards by detecting and managing risks.
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