The phased approach is generally the least expensive of the three implementation approaches.

Name: The phased approach is generally the least expensive of the three implementation approaches.
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The phased approach, while offering benefits like reduced risk and the ability to learn and adapt during implementation, is not necessarily the least expensive. It can lead to higher overall costs due to extended project timelines and the need for parallel systems during the transition.

The Phased Approach Is Generally the Least Expensive of the Three