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Tag: Prevention of risk

Importance of Strategic Planning for Your Project

“Project management is not an easy thing to do. It takes a lot of work,” said Michael Porter in 1986. A decade ago, there was an evolution from simple ideas to complex solutions, which has led to project management becoming more technical and challenging to manage today. It has caused the reliance on a strategic plan for a project to be successful. From being viewed as just another term to describe what a project manager should do, a robust strategic plan ensures a solid understanding of the project, well-defined goals, and specific objectives that need to be accomplished within a predefined amount of time