Project managers should not lie to themselves or others regarding project costs.

Question

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Project managers should be transparent and honest about project costs with themselves, their team, stakeholders, and clients. Lying about project costs could lead to unrealistic expectations, delays, and financial losses. It is better to identify cost overruns or potential risks early on and communicate them openly, so everyone is aware and can work together to find solutions.

Project Managers Should Not Lie to Themselves or Others Regarding