Insufficient Risk Analysis

Success Problem

Along any point in project planning or execution, management takes little proper consideration for potential pitfalls concerning scope, time, cost and quality, among others.

Impact

Without identification, planning or reporting risk, there will be little room for problem solving when related issues do come up.

Recommendation

Having good faith that bad things won't happen is naive. For every inferred issue, take action with steps that not only resolve but minimize pitfalls. Contingency plans must be made before business processes begin to ensure timely completion. All stakeholders should be on the same page with potential problems and respective action as well.

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