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This mistake became clear when Asia-Digital Publishing went out of business because of a flooding in India.
The absence of a contingency plan can lead to panic and cause a project manager to accept the first remedy presented after a risk event has occurred, (Gray & Larson, 2005). This can cause a manager to suspend the decision to implement a sensible solution...
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This can cause a manager to suspend the decision to implement a sensible solution. Poor planning could lead to schedule delays and budget overruns, and could result in total project failure. It might also cause an organization to quite altogether.
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