Assignment:
Contingency plans are not executed until after a risk occurs and often involve cleanup, rework, added resources, waste, and damage. Is an investment made in prevention less expensive than executing a contingency strategy?
Will incorporating prevention and risk management into a project plan lessen the chances of management or the project sponsor arbitrarily slashing the project’s budget?
- What other advantages can you see in having a more holistic project plan?
Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.