DERISKING DURING PROJECT CLOSURE
BY WASHINGTON CHIMUZU Closing is often seen as the least glamorous phase of a project. The deliverables are complete, the budget mostly spent, and the team eager to move on to new challenges. Yet the closing phase carries its own set of risks. Left unmanaged, these risks can undermine the value of all the work done. De-risking at closing stage ensures that the project is completed well, leaving...
De-risking Projects
BY WASHINGTON CHIMUZU Projects, by their very nature, are fraught with uncertainty. Despite all the hype, value and benefits that they promise to deliver, nothing is ever truly guaranteed or goes like clockwork. Even with meticulous planning, many projects falter not because of poor intent but because risks were underestimated, ignored, or mismanaged. To improve viability and increase the...