often stipulate the time and the manner in which a project may be cancelled.

Contracted projects typically have a specified end date, when the contract may or may not be renewed; nonrenewal often has the same effect as cancellation but carries different legal ramifications.

By measuring uncertainties in cost, schedule and expected benefits, including elements that are often viewed as intangible, project teams can detect the risk of overruns or shortfalls earlier in the lifecycle. Given that only a tiny fraction of projects, less

1.Previous
3.Next