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Critical Success Factors and Inherent Risks in Projects

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Discuss the relationship between a project's critical success factors and inherent risks.

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Solution Summary

Reducing risks in projects is discussed step-by-step in this solution. The response also has the sources used.

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Step 1
We first consider some of the most critical success factors in projects. These are the development of clearly defined plans, management of project scope efficiently, cultivating effective communications, agreement on project goals, and getting the support of top management. There can be other critical success factors also such as adequate resources ...

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