Question

At which stage of the project the cost is typically not its highest

Answer 1

The project initiation phase is the first phase within the project management life cycle, as it .... laps later and did not finish the race (top); Renault's Jarno Trulli celebrating his win at the ...

Answer 2

The cost of changes is lowest at the beginning of the project, and it starts increasing as the project moves further. Stakeholder influence is higher at the beginning of the project, and it starts decreasing as the project moves further. Most of the funds and time are spent during the execution phase.

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