0281 Margin alert

WILDQARDS by WILDDESIGN
© 2019 all rights reserved

Margin alert #0281

Project risks • project risk margin

Resources are precious and should not be wasted senselessly. Quickly a project goes beyond the time or financial framework. Unspecific planning, but also too many details on behalf of the customer or through small-scale work can cause this. External influences such as natural disasters and even insolvencies cannot be controlled. If mistakes only become apparent late, it becomes all the more expensive. 

 

Countermeasures

A project must have a clear framework right from the start. Changes are contractually recorded as change requests. Through precaution and controls, errors and failures due to external events can be minimized. If a bottleneck does occur, the team must react with a sprint and consider where resources can be saved.



 
 
 
 
 

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