Project teams make their most expensive (in terms of both time and money) mistakes during the planning phase of a project.

Question

Quizplus · Accepted Answer

During the planning phase, project teams lay the foundation of a project and make crucial decisions, which can have significant consequences on the project's success. Any mistakes made during this stage can prove costly both in terms of time and money. It is, therefore, essential for project teams to invest considerable time and resources to get the planning phase right.

Project Teams Make Their Most Expensive (In Terms of Both